Sonendo, Inc. (NYSE:SONX – Get Free Report) shares dropped 15.9% on Wednesday . The company traded as low as $1.74 and last traded at $1.85. Approximately 5,192 shares traded hands during trading, an increase of 152% from the average daily volume of 2,064 shares. The stock had previously closed at $2.20.
Sonendo Trading Down 15.9 %
The firm has a market capitalization of $788,100.00, a price-to-earnings ratio of -0.03 and a beta of 1.15. The company has a fifty day moving average price of $1.59 and a 200-day moving average price of $0.60. The company has a current ratio of 1.82, a quick ratio of 1.22 and a debt-to-equity ratio of 0.55.
About Sonendo
Sonendo, Inc, a commercial-stage medical technology company, develops, manufactures, and commercializes devices for root canal therapy in the United States and Canada. It provides GentleWave, a tooth decay treatment, a technology platform designed for cleaning and disinfecting the microscopic spaces within teeth without the need to remove tooth structure.
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