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NASDAQ:SCKT

Socket Mobile (SCKT) Stock Price, News & Analysis

Socket Mobile logo
$1.45 +0.02 (+1.40%)
(As of 11/20/2024 ET)

About Socket Mobile Stock (NASDAQ:SCKT)

Key Stats

Today's Range
$1.40
$1.46
50-Day Range
$1.10
$1.45
52-Week Range
$0.91
$1.53
Volume
25,053 shs
Average Volume
41,348 shs
Market Capitalization
$11.03 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
N/A
Consensus Rating
N/A

Company Overview

Socket Mobile, Inc. provides data capture and delivery solutions in the United States, Europe, Asia, and internationally. Its products and solutions are integrated into mobile applications for applications in the areas of point of sale, commercial services, asset tracking, manufacturing and quality control processes, transportation and logistics, event management, medical, and education. The company also offers cordless data capture devices that connect through Bluetooth and work with applications running on smartphones, mobile computers, and tablets; SocketScan and DuraScan 700 series, companion scanners and 800 series, attachable scanners, and wearables; and DuraSled, a barcode scanning sled that protects phones from impact damage and provides charging solutions. In addition, it offers D600, a handheld model to reads and writes various types of electronic SmartTags and transfers data with near-field communication (NFC); S550, a contactless membership card reader/writer; and S370 product that supports barcode scanning, and NFC reading and writing technologies. Further, the company provides SocketCam C820 and C860, which are camera-based barcode scanners; software developer kits, such as CaptureSDK that enables the App providers to modify captured data, control the placement of the barcoded or RFID data in their applications, and control the feedback to the user. It serves retail, commercial services, industrial and manufacturing, transportation and logistics, and healthcare industries through a network of distributors, online resellers, and application providers, as well as online stores. The company was formerly known as Socket Communications, Inc. and changed its name to Socket Mobile, Inc. in April 2008. Socket Mobile, Inc. was founded in 1992 and is headquartered in Fremont, California.

Socket Mobile Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
46th Percentile Overall Score

SCKT MarketRank™: 

Socket Mobile scored higher than 46% of companies evaluated by MarketBeat, and ranked 473rd out of 649 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    There is not enough analysis data for Socket Mobile.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Socket Mobile is -6.59, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Socket Mobile is -6.59, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Book Value per Share Ratio

    Socket Mobile has a P/B Ratio of 0.61. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

  • Read more about Socket Mobile's valuation and earnings.
  • Percentage of Shares Shorted

    0.10% of the float of Socket Mobile has been sold short.
  • Short Interest Ratio / Days to Cover

    Socket Mobile has a short interest ratio ("days to cover") of 0.3, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Socket Mobile has recently decreased by 44.09%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    Socket Mobile does not currently pay a dividend.

  • Dividend Growth

    Socket Mobile does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    0.10% of the float of Socket Mobile has been sold short.
  • Short Interest Ratio / Days to Cover

    Socket Mobile has a short interest ratio ("days to cover") of 0.3, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Socket Mobile has recently decreased by 44.09%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    Socket Mobile has a news sentiment score of 0.80. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.58 average news sentiment score of Computer and Technology companies.
  • News Coverage This Week

    MarketBeat has tracked 2 news articles for Socket Mobile this week, compared to 1 article on an average week.
  • Insider Buying vs. Insider Selling

    In the past three months, Socket Mobile insiders have bought more of their company's stock than they have sold. Specifically, they have bought $86,980.00 in company stock and sold $0.00 in company stock.

  • Percentage Held by Insiders

    37.70% of the stock of Socket Mobile is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    Only 3.76% of the stock of Socket Mobile is held by institutions.

  • Read more about Socket Mobile's insider trading history.
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SCKT Stock News Headlines

Socket Mobile files to sell 1.05M shares of common stock for holders
JD Vance Predicts: Wall Street vs. Trump & Your Money
Trump's back in the White House, but Wall Street is pissed. Here's the deal: Wall Street's about to purposely crash the bond market to sabotage Trump's comeback.
Socket Mobile Reports Third Quarter 2024 Results
See More Headlines

SCKT Stock Analysis - Frequently Asked Questions

Socket Mobile's stock was trading at $1.16 on January 1st, 2024. Since then, SCKT shares have increased by 25.0% and is now trading at $1.45.
View the best growth stocks for 2024 here
.

Socket Mobile, Inc. (NASDAQ:SCKT) released its quarterly earnings results on Wednesday, May, 1st. The company reported ($0.07) earnings per share (EPS) for the quarter. The business earned $4.98 million during the quarter. Socket Mobile had a negative net margin of 7.46% and a negative trailing twelve-month return on equity of 7.26%.

Shares of SCKT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Socket Mobile investors own include NVIDIA (NVDA), Ocugen (OCGN), Tesla (TSLA), AT&T (T), Meta Platforms (META), Advanced Micro Devices (AMD) and Netflix (NFLX).

Company Calendar

Last Earnings
5/01/2024
Today
11/21/2024
Fiscal Year End
12/31/2024
Next Earnings (Estimated)
3/04/2025

Industry, Sector and Symbol

Industry
Electronic computers
Sub-Industry
Computer Hardware
Current Symbol
NASDAQ:SCKT
Employees
50
Year Founded
N/A

Profitability

Net Income
$-1,920,000.00
Pretax Margin
-15.43%

Debt

Sales & Book Value

Annual Sales
$17.03 million
Book Value
$2.36 per share

Miscellaneous

Free Float
4,738,000
Market Cap
$11.03 million
Optionable
Not Optionable
Beta
0.84

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This page (NASDAQ:SCKT) was last updated on 11/21/2024 by MarketBeat.com Staff
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