Shares of Sonendo, Inc. (NYSE:SONX – Get Free Report) were up 18.2% during trading on Friday . The company traded as high as $1.30 and last traded at $1.30. 220 shares traded hands during trading, a decline of 83% from the average daily volume of 1,331 shares. The stock had previously closed at $1.10.
Sonendo Stock Performance
The company has a current ratio of 1.82, a quick ratio of 1.22 and a debt-to-equity ratio of 0.55. The firm’s 50-day moving average is $0.90 and its two-hundred day moving average is $0.59. The stock has a market cap of $6.21 million, a price-to-earnings ratio of -0.02 and a beta of 1.80.
Sonendo Company Profile
Sonendo, Inc is a commercial-stage medical technology company focused on transforming root canal procedures through its proprietary, non-invasive cleaning platform. The company’s primary offering, the GentleWave® System, leverages multisonic ultra-cleaning technology to remove bacteria, debris and tissue from the intricate root canal anatomy while minimizing the need for manual instrumentation.
The GentleWave System integrates seamlessly into dental and endodontic practices, delivering enhanced disinfection, improved patient comfort and potentially shorter procedural times compared with conventional techniques.
Further Reading
- Five stocks we like better than Sonendo
- Block Makes a Federal Trust Bank Move That Could Reshape Its Fintech Model
- Kroger’s Textbook Entry for Buy-and-Hold Investors
- AST SpaceMobile Looks to Extend Its 30-Day FCC Satellite Testing Window
- Amgen Drops 10% on a Trial It Didn’t Even Run
Receive News & Ratings for Sonendo Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sonendo and related companies with MarketBeat.com's FREE daily email newsletter.
