Free Trial

Sonendo (NYSE:SONX) Shares Down 11.7% - Time to Sell?

Sonendo logo with Medical background

Sonendo, Inc. (NYSE:SONX - Get Free Report)'s stock price dropped 11.7% on Tuesday . The company traded as low as $2.78 and last traded at $2.78. Approximately 1,431 shares changed hands during trading, a decline of 100% from the average daily volume of 357,495 shares. The stock had previously closed at $3.15.

Sonendo Stock Down 0.4 %

The stock has a market capitalization of $232.44 million, a P/E ratio of -6.18 and a beta of 1.47. The company has a debt-to-equity ratio of 0.48, a current ratio of 2.40 and a quick ratio of 1.73. The stock's fifty day moving average is $0.94 and its two-hundred day moving average is $0.38.

About Sonendo

(Get Free Report)

Sonendo, Inc, a commercial-stage medical technology company, develops, manufactures, and commercializes devices for root canal therapy in the United States and Canada. It provides GentleWave, a tooth decay treatment, a technology platform designed for cleaning and disinfecting the microscopic spaces within teeth without the need to remove tooth structure.

Read More

Should you invest $1,000 in Sonendo right now?

Before you consider Sonendo, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Sonendo wasn't on the list.

While Sonendo currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

7 AI Stocks to Invest In: An Introduction to AI Investing For Self-Directed Investors Cover

As the AI market heats up, investors who have a vision for artificial intelligence have the potential to see real returns. Learn about the industry as a whole as well as seven companies that are getting work done with the power of AI.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Broadcom Hits $1 Trillion – Can This AI Powerhouse Go Higher?
SoundHound Stock Explodes Again – Is a Major Breakout Coming?
How Fintech Strategy at FinWise Bancorp and CEO Vision Are Driving 78% Gains

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines