Sonendo, Inc. (NYSE:SONX – Get Free Report) fell 1% during mid-day trading on Thursday . The company traded as low as $1.00 and last traded at $1.00. Approximately 203 shares changed hands during mid-day trading, a decline of 86% from the average daily volume of 1,497 shares. The stock had previously closed at $1.01.
Sonendo Stock Performance
The company has a debt-to-equity ratio of 0.55, a current ratio of 1.82 and a quick ratio of 1.22. The company’s 50-day moving average price is $0.69 and its two-hundred day moving average price is $0.45. The company has a market capitalization of $4.78 million, a price-to-earnings ratio of -0.01 and a beta of 1.86.
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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