Shares of Sonendo, Inc. (NYSE:SONX – Get Free Report) dropped 7.1% during mid-day trading on Thursday . The company traded as low as $2.99 and last traded at $3.00. Approximately 318 shares traded hands during mid-day trading, a decline of 70% from the average daily volume of 1,069 shares. The stock had previously closed at $3.23.
Sonendo Stock Down 7.1 %
The stock has a market capitalization of $1.29 million, a price-to-earnings ratio of -0.04 and a beta of 1.24. The firm has a 50-day moving average of $2.33 and a 200 day moving average of $0.85. The company has a current ratio of 1.82, a quick ratio of 1.22 and a debt-to-equity ratio of 0.55.
Sonendo Company Profile
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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