Sonendo (NYSE:SONX) Trading Up 11.2% – Here’s Why

Shares of Sonendo, Inc. (NYSE:SONXGet Free Report) were up 11.2% during mid-day trading on Monday . The company traded as high as $1.89 and last traded at $1.89. Approximately 586 shares were traded during trading, a decline of 57% from the average daily volume of 1,358 shares. The stock had previously closed at $1.70.

Sonendo Price Performance

The company has a current ratio of 1.82, a quick ratio of 1.22 and a debt-to-equity ratio of 0.55. The stock has a market capitalization of $807,030.00, a P/E ratio of -0.03 and a beta of 1.32. The stock has a 50 day moving average of $2.38 and a 200-day moving average of $1.39.

Sonendo Company Profile

(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.

Further Reading

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