Sonendo, Inc. (NYSE:SONX – Get Free Report) was down 15.9% during mid-day trading on Wednesday . The company traded as low as $1.74 and last traded at $1.85. Approximately 5,192 shares changed hands during mid-day trading, an increase of 152% from the average daily volume of 2,064 shares. The stock had previously closed at $2.20.
Sonendo Price Performance
The company has a debt-to-equity ratio of 0.55, a current ratio of 1.82 and a quick ratio of 1.22. The stock has a market capitalization of $788,100.00, a price-to-earnings ratio of -0.03 and a beta of 1.15. The company has a 50-day simple moving average of $1.59 and a two-hundred day simple moving average of $0.60.
About Sonendo
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.
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