Sound Group, Inc. (SOGP) to Issue Special Dividend of $1.20 on May 12th

Sound Group, Inc. (NASDAQ:SOGP) declared a special dividend on Tuesday, March 31st, NASDAQ Dividends reports. Shareholders of record on Wednesday, April 22nd will be given a dividend of 1.20 per share on Tuesday, May 12th. The ex-dividend date of this dividend is Wednesday, April 22nd.

Sound Group Price Performance

Shares of NASDAQ:SOGP opened at $16.79 on Monday. Sound Group has a twelve month low of $1.18 and a twelve month high of $37.00. The stock has a market capitalization of $82.94 million, a PE ratio of 186.56 and a beta of 2.48. The firm’s 50 day moving average price is $14.87 and its 200-day moving average price is $14.15.

Sound Group (NASDAQ:SOGP) last issued its quarterly earnings data on Wednesday, April 1st. The company reported $2.39 earnings per share (EPS) for the quarter. The business had revenue of $0.12 million for the quarter.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Sound Group in a research note on Thursday, January 22nd. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company presently has an average rating of “Sell”.

Sound Group Company Profile

Sound Group Inc is a global, AI-powered audio company on a mission to help people connect better and live happier. Leveraging its voice AI technologies and deep expertise in audio interaction, Sound Group is building a diverse ecosystem of intelligent audio products that cater to a global user base. By integrating technology, innovative products, and real-world data within a user-centric ecosystem, the Company generates a powerful growth flywheel that drives continuous innovation and accelerates global expansion.