Insider Selling: Sonim Technologies, Inc. (NASDAQ:SONM) CFO Sells $16,869.30 in Stock

Sonim Technologies, Inc. (NASDAQ:SONM) CFO Clayton Crolius sold 11,634 shares of Sonim Technologies stock in a transaction on Wednesday, April 23rd. The stock was sold at an average price of $1.45, for a total transaction of $16,869.30. Following the sale, the chief financial officer now directly owns 30,958 shares in the company, valued at $44,889.10. This trade represents a 27.31 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Sonim Technologies Price Performance

Sonim Technologies stock opened at $1.66 on Monday. Sonim Technologies, Inc. has a 12-month low of $1.03 and a 12-month high of $10.70. The company has a market capitalization of $10.50 million, a price-to-earnings ratio of -0.57 and a beta of 2.07. The firm’s fifty day moving average price is $2.02 and its 200 day moving average price is $2.82.

About Sonim Technologies

Sonim Technologies, Inc provides ruggedized mobile phones and accessories for task workers. The company offers ruggedized mobile phones, such as Sonim XP10, Sonim XP5plus, Sonim XP3plus, and Sonim XP Pro; Sonim mobile hotspot; industrial-grade accessories. It sells its mobile phones and accessories primarily to wireless carriers in the United States and Canada; and sells wireless carrier channels through distribution channels in North America and Europe.