Socket Mobile, Inc is a computer hardware business based in the US. Socket Mobile shares (SCKT) are listed on the NASDAQ and all prices are listed in US Dollars. Socket Mobile employs 48 staff and has a trailing 12-month revenue of around 0.00.
How to buy shares in Socket Mobile
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- Research the stock. Find the stock by name or ticker symbol – SCKT – and research it before deciding if it's a good investment for you.
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What's in this guide?
- SCKT shares summary
- Compare share dealing platforms
- Is SCKT stock a buy or sell?
- Stock performance over time
- Can I short SCKT shares?
- Are SCKT shares over-valued?
- Socket Mobile's financials
- How volatile are SCKT shares?
- Does Socket Mobile pay a dividend?
- Have SCKT shares ever split?
- Other common questions
Socket Mobile stock price (NASDAQ: SCKT)Use our graph to track the performance of SCKT stocks over time.
Socket Mobile shares at a glance
|Latest market close||$5.91|
|52-week range||$1.11 - $18.62|
|50-day moving average||$6.28|
|200-day moving average||$6.57|
|Wall St. target price||$7.75|
|Dividend yield||N/A (0%)|
|Earnings per share (TTM)||$0.06|
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Is it a good time to buy Socket Mobile stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
Socket Mobile price performance over time
|1 week (2021-07-24)||N/A|
|1 month (2021-07-02)||-2.96%|
|3 months (2021-05-04)||0.51%|
|6 months (2021-01-31)||N/A|
|1 year (2020-07-31)||N/A|
|2 years (2019-07-31)||N/A|
|3 years (2018-07-31)||N/A|
|5 years (2016-07-31)||N/A|
Is Socket Mobile under- or over-valued?
Valuing Socket Mobile stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Socket Mobile's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Socket Mobile's P/E ratio
Socket Mobile's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 111x. In other words, Socket Mobile shares trade at around 111x recent earnings.
That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.
Socket Mobile's EBITDA
Socket Mobile's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $2.6 million.
The EBITDA is a measure of a Socket Mobile's overall financial performance and is widely used to measure a its profitability.
Socket Mobile financials
|Revenue TTM||$19.5 million|
|Operating margin TTM||10.41%|
|Gross profit TTM||$8.3 million|
|Return on assets TTM||6.18%|
|Return on equity TTM||2.73%|
|Market capitalisation||$45.8 million|
TTM: trailing 12 months
Shorting Socket Mobile shares
There are currently 127,148 Socket Mobile shares held short by investors – that's known as Socket Mobile's "short interest". This figure is 11.4% up from 114,184 last month.
There are a few different ways that this level of interest in shorting Socket Mobile shares can be evaluated.
Socket Mobile's "short interest ratio" (SIR)
Socket Mobile's "short interest ratio" (SIR) is the quantity of Socket Mobile shares currently shorted divided by the average quantity of Socket Mobile shares traded daily (recently around 73073.563218391). Socket Mobile's SIR currently stands at 1.74. In other words for every 100,000 Socket Mobile shares traded daily on the market, roughly 1740 shares are currently held short.
However Socket Mobile's short interest can also be evaluated against the total number of Socket Mobile shares, or, against the total number of tradable Socket Mobile shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Socket Mobile's short interest could be expressed as 0.02% of the outstanding shares (for every 100,000 Socket Mobile shares in existence, roughly 20 shares are currently held short) or 0.0224% of the tradable shares (for every 100,000 tradable Socket Mobile shares, roughly 22 shares are currently held short).
Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Socket Mobile.
Find out more about how you can short Socket Mobile stock.
Socket Mobile share dividends
We're not expecting Socket Mobile to pay a dividend over the next 12 months.
Have Socket Mobile's shares ever split?
Socket Mobile's shares were split on a 1:10 basis on 23 October 2008. So if you had owned 10 shares the day before before the split, the next day you'd have owned 1 share. This wouldn't directly have changed the overall worth of your Socket Mobile shares – just the quantity. However, indirectly, the new 900% higher share price could have impacted the market appetite for Socket Mobile shares which in turn could have impacted Socket Mobile's share price.
Socket Mobile share price volatility
Over the last 12 months, Socket Mobile's shares have ranged in value from as little as $1.11 up to $18.62. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Socket Mobile's is 0.7301. This would suggest that Socket Mobile's shares are less volatile than average (for this exchange).
Socket Mobile overview
Socket Mobile, Inc. produces data capture products for mobile applications used in business mobility markets in the United States, Europe, Asia, and internationally. The company's products are incorporated into mobile applications used in point of sale, enterprise mobility, asset tracking, manufacturing process and quality control, transportation and logistics, event management, medical, and education. It provides cordless data capture devices that connect over Bluetooth and work with applications running on smartphones, mobile computers, and tablets; and software developer kits to application developers to enable them to provide their users with its advanced barcode scanning features. The company's cordless data capture devices include DuraScan 700 series linear barcode scanners; D730 laser barcode scanner; D740, D745, D750, D755, and D760 universal barcode scanners that reads all common 1D, stacked, 2D, and postal codes; SocketScan 800 series barcode scanners, which include S700, S730, and S740 barcode scanners; and SocketScan 800 series cordless barcode scanners, including S800, a 1D linear imaging scanner, and S840 and S860 2D scanner that are attachable to smartphones, tablets, and other mobile devices. It also provides D600 contactless RFID/ Near Field Communications reader writer that can read and write various types of electronic SmartTags or transfer data with near field communication; and S550, a contactless membership card reader/writer. In addition, the company offers SocketCare services program, which provides extended warranty and accidental breakage coverage for various products.
Stocks similar to Socket Mobile
Socket Mobile in the news
Socket Mobile Announces Upgrade for SocketScan S740 Universal Barcode Scanner
Socket Mobile Announces Upgrade for SocketScan S740 Universal Barcode Scanner
74 Biggest Movers From Yesterday
Frequently asked questionsWhat percentage of Socket Mobile is owned by insiders or institutions?
Currently 19.56% of Socket Mobile shares are held by insiders and 4.884% by institutions. How many people work for Socket Mobile?
Latest data suggests 48 work at Socket Mobile. When does the fiscal year end for Socket Mobile?
Socket Mobile's fiscal year ends in December. Where is Socket Mobile based?
Socket Mobile's address is: 39700 Eureka Drive, Newark, CA, United States, 94560 What is Socket Mobile's ISIN number?
Socket Mobile's international securities identification number is: US83368E2000 What is Socket Mobile's CUSIP number?
Socket Mobile's Committee on Uniform Securities Identification Procedures number is: 833672108
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