Sonim Technologies, Inc. (NASDAQ:SONM) Director Sells $33,902.45 in Stock

Sonim Technologies, Inc. (NASDAQ:SONM) Director James S. Cassano sold 23,381 shares of the business’s stock in a transaction that occurred on Wednesday, April 23rd. The stock was sold at an average price of $1.45, for a total transaction of $33,902.45. Following the sale, the director now owns 49,126 shares of the company’s stock, valued at $71,232.70. This represents a 32.25 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink.

Sonim Technologies Trading Up 3.1 %

Shares of NASDAQ:SONM opened at $1.66 on Monday. The company has a market capitalization of $10.50 million, a PE ratio of -0.57 and a beta of 2.07. Sonim Technologies, Inc. has a twelve month low of $1.03 and a twelve month high of $10.70. The firm has a 50 day simple moving average of $2.02 and a 200-day simple moving average of $2.82.

Sonim Technologies Company Profile

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.