Sonder Holdings Inc. (NASDAQ:SOND – Get Free Report)’s share price dropped 1% during mid-day trading on Tuesday . The company traded as low as $3.97 and last traded at $4.10. Approximately 30,323 shares traded hands during mid-day trading, a decline of 48% from the average daily volume of 57,830 shares. The stock had previously closed at $4.14.
Sonder Trading Down 1.0 %
The firm has a market cap of $45.35 million, a P/E ratio of -0.18 and a beta of 1.26. The business’s fifty day simple moving average is $3.82 and its 200-day simple moving average is $3.64.
Institutional Investors Weigh In On Sonder
An institutional investor recently bought a new position in Sonder stock. Certuity LLC bought a new position in Sonder Holdings Inc. (NASDAQ:SOND – Free Report) in the 4th quarter, according to its most recent disclosure with the SEC. The firm bought 10,565 shares of the company’s stock, valued at approximately $36,000. Certuity LLC owned 0.10% of Sonder at the end of the most recent quarter. 45.94% of the stock is owned by institutional investors and hedge funds.
Sonder Company Profile
Sonder Holdings Inc engages in the hospitality business. It operates and manages properties comprising 1-, 2-, and 3+ bedroom; and studio apartments, as well as 1-bedroom hotel rooms for leisure travelers and families, digital nomads, and business travelers in North America, Europe, and the Middle East.
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