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How to buy Sonim Technologies stock | $0.632

Own Sonim Technologies stock in just a few minutes.

Fact checked

Sonim Technologies, Inc is a communication equipment business based in the US. Sonim Technologies shares (SONM) are listed on the NASDAQ and all prices are listed in US Dollars. Sonim Technologies employs 287 staff and has a trailing 12-month revenue of around USD$65.3 million.

How to buy shares in Sonim Technologies

  1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
  3. Search for Sonim Technologies. Find the stock by name or ticker symbol: SONM. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Sonim Technologies reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. At last close price of USD$0.632, weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of Sonim Technologies, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of Sonim Technologies. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

Sonim Technologies share price

Use our graph to track the performance of SONM stocks over time.

Sonim Technologies shares at a glance

Information last updated 2020-12-01.
Latest market closeUSD$0.632
52-week rangeUSD$0.42 - USD$3.92
50-day moving average USD$0.5647
200-day moving average USD$0.802
Wall St. target priceUSD$2
PE ratio N/A
Dividend yield N/A (0%)
Earnings per share (TTM) USD$-0.877

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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 Sonim Technologies 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.

Sonim Technologies price performance over time

Historical closes compared with the close of $0.632 from 2020-12-09

1 week (2021-01-08) -16.07%
1 month (2020-12-15) 1.94%
3 months (2020-10-15) 6.22%
6 months (2020-07-15) -23.39%
1 year (2020-01-15) -82.59%
2 years (2019-01-12) N/A
3 years (2018-01-12) N/A
5 years (2016-01-12) N/A

Is Sonim Technologies under- or over-valued?

Valuing Sonim Technologies stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Sonim Technologies's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Sonim Technologies's EBITDA

Sonim Technologies's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$618,000.

The EBITDA is a measure of a Sonim Technologies's overall financial performance and is widely used to measure a its profitability.

Sonim Technologies financials

Revenue TTM USD$65.3 million
Gross profit TTM USD$37.6 million
Return on assets TTM -25.56%
Return on equity TTM -101.19%
Profit margin -48.77%
Book value $0.52
Market capitalisation USD$42.3 million

TTM: trailing 12 months

Shorting Sonim Technologies shares

There are currently 339,287 Sonim Technologies shares held short by investors – that's known as Sonim Technologies's "short interest". This figure is 41.8% up from 239,190 last month.

There are a few different ways that this level of interest in shorting Sonim Technologies shares can be evaluated.

Sonim Technologies's "short interest ratio" (SIR)

Sonim Technologies's "short interest ratio" (SIR) is the quantity of Sonim Technologies shares currently shorted divided by the average quantity of Sonim Technologies shares traded daily (recently around 1.2 million). Sonim Technologies's SIR currently stands at 0.29. In other words for every 100,000 Sonim Technologies shares traded daily on the market, roughly 290 shares are currently held short.

However Sonim Technologies's short interest can also be evaluated against the total number of Sonim Technologies shares, or, against the total number of tradable Sonim Technologies shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Sonim Technologies's short interest could be expressed as 0.01% of the outstanding shares (for every 100,000 Sonim Technologies shares in existence, roughly 10 shares are currently held short) or 0.0075% of the tradable shares (for every 100,000 tradable Sonim Technologies shares, roughly 8 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 Sonim Technologies.

Find out more about how you can short Sonim Technologies stock.

Sonim Technologies share dividends

We're not expecting Sonim Technologies to pay a dividend over the next 12 months.

Sonim Technologies overview

Sonim Technologies, Inc. provides ruggedized mobile phones and accessories for task workers. It offers ruggedized mobile phones, such as Sonim XP8, Sonim XP5s, and Sonim XP3 based on the Android platform that are capable of attaching to public and private wireless networks; industrial-grade accessories, including remote speaker microphones, multi-bay charging accessories, and in-vehicle hands-free voice communications solutions; cloud-based software and application services; and Rapid Deployment Kit, a portable communications system. Sonim Technologies, Inc. sells its mobile phones and accessories primarily to wireless carriers in the United States and Canada. The company serves transportation and logistics, construction, manufacturing, facilities management, energy and utility, and public sectors. The company was formerly known as NaviSpin.com, Inc. and changed its name to Sonim Technologies, Inc. in December 2001. Sonim Technologies, Inc. was incorporated in 1999 and is headquartered in Austin, Texas.

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