Shares of Sonendo, Inc. (NYSE:SONX – Get Free Report) traded up 21.2% during mid-day trading on Monday . The company traded as high as $0.40 and last traded at $0.40. 258 shares traded hands during mid-day trading, a decline of 68% from the average session volume of 808 shares. The stock had previously closed at $0.33.
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’s 50-day simple moving average is $0.24 and its 200-day simple moving average is $0.24. The firm has a market capitalization of $1.91 million, a P/E ratio of -0.01 and a beta of 2.47.
About Sonendo
Sonendo, Inc is a commercial-stage medical technology company focused on transforming root canal procedures through its proprietary, non-invasive cleaning platform. The company’s primary offering, the GentleWave® System, leverages multisonic ultra-cleaning technology to remove bacteria, debris and tissue from the intricate root canal anatomy while minimizing the need for manual instrumentation.
The GentleWave System integrates seamlessly into dental and endodontic practices, delivering enhanced disinfection, improved patient comfort and potentially shorter procedural times compared with conventional techniques.
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