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How to buy Socket Mobile stock
Learn how to easily invest in Socket Mobile stock.
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 53 staff and has a trailing 12-month revenue of around $24.8 million.
How to buy shares in Socket Mobile
- Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
- Open your brokerage account. Complete an application with your details.
- Confirm your payment details. Fund your account.
- 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.
- Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
- Check in on your investment. Optimize your portfolio by tracking your stock.
What's in this guide?
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||$2.13|
|52-week range||$2.21 - $9.30|
|50-day moving average||$2.85|
|200-day moving average||$3.51|
|Wall St. target price||$4.50|
|Dividend yield||$0 (0%)|
|Earnings per share (TTM)||$0.22|
Buy Socket Mobile shares from these brokeragesCompare special offers, low fees and a wide range of types of investments among top trading platforms.
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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
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 (2022-09-20)||-15.81%|
|1 month (2022-08-24)||N/A|
|3 months (2022-06-28)||-33.02%|
|6 months (2022-03-25)||-45.24%|
|1 year (2021-09-28)||-67.03%|
|2 years (2020-09-28)||74.59%|
|3 years (2019-09-27)||2.35|
|5 years (2017-09-28)||3.6999|
Is Socket Mobile stock undervalued or overvalued?
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 11x. In other words, Socket Mobile shares trade at around 11x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Socket Mobile's EBITDA
Socket Mobile's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $3.1 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||$24.8 million|
|Operating margin TTM||9.26%|
|Gross profit TTM||$12.4 million|
|Return on assets TTM||5.32%|
|Return on equity TTM||10.98%|
|Market capitalisation||$16.8 million|
TTM: trailing 12 months
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 $2.21 up to $9.3. 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 0.7095. This would suggest that Socket Mobile's shares are less volatile than average (for this exchange).
Socket Mobile overview
Socket Mobile, Inc. provides data capture and delivery solutions in the United States, Europe, Asia, and internationally. The company's products are incorporated into mobile applications used in point of sale, commercial services, 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, including D700 1D linear imaging scanner; D730 1D laser barcode scanner; D740, D745, D750, D755, and D760 universal barcode scanners that reads all common 1D, stacked, 2D, and postal codes; 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. The company offers SocketCare services program, which provides extended warranty and accidental breakage coverage for various products.
Frequently asked questionsWhat percentage of Socket Mobile is owned by insiders or institutions?
Currently 21.537% of Socket Mobile shares are held by insiders and 6.017% by institutions. How many people work for Socket Mobile?
Latest data suggests 53 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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