Sonim Technologies, Inc. (NASDAQ:SONM) Insider Sells $45,422.70 in Stock

Sonim Technologies, Inc. (NASDAQ:SONM) insider Charles Becher sold 31,326 shares of the firm’s stock in a transaction on Wednesday, April 23rd. The shares were sold at an average price of $1.45, for a total value of $45,422.70. Following the completion of the sale, the insider now directly owns 62,668 shares in the company, valued at approximately $90,868.60. This represents a 33.33 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink.

Sonim Technologies Stock Up 3.1 %

NASDAQ:SONM opened at $1.66 on Friday. Sonim Technologies, Inc. has a twelve month low of $1.03 and a twelve month high of $10.70. The stock’s 50-day simple moving average is $2.02 and its 200 day simple moving average is $2.82. The firm has a market capitalization of $10.50 million, a PE ratio of -0.57 and a beta of 2.07.

About Sonim Technologies

Sonim Technologies, Inc provides ruggedized mobile phones and accessories for task workers. The company offers ruggedized mobile phones, such as Sonim XP10, Sonim XP5plus, Sonim XP3plus, and Sonim XP Pro; Sonim mobile hotspot; industrial-grade accessories. It sells its mobile phones and accessories primarily to wireless carriers in the United States and Canada; and sells wireless carrier channels through distribution channels in North America and Europe.