Sonim Technologies is known for producing rugged mobile phones. We all know how that market has always been largely addressable, but it seems like how Sonim Technologies knows how to achieve what they want. They have boosted their sales previous year with major carriers and the latest line ups of phones. Unfortunately, that was still not enough for a solid stock, or at least, it is not yet.
The truth is, this company has definitely seen a disappointing public offering because the shares are constantly priced more than 20% below when talking about the middle point of their offer price.
Stock Market News – SONIM Stock Price
Unfortunately, there are not many documents that can tell us how Sonim Technologies is doing lately. Nevertheless, by doing large research we were able to see how this company is still a leading U.S. provider when it comes to mobility solutions for all those tasks related to physically engaged workers and their business environments.
Although we have already said how they are still not able to get a solid stock, SONM has 3,571,429 of public offering shares. The common stock’s price is $11 per one share.
How would the future of Sonim Technologies look like? We can guess how everything will become better for them starting from the end of May 2019. At that time, this company will realize how it all went for its trade of shares on the Nasdaq Global Market that lasted from May 10 to May 14th this year.
That was definitely a great opportunity for this company to finally get a solid stock. The statistics about its success on Nasdaq Global Market can for now show us how Sonic Technologies price per share is now $11.35 which is plus 0.30% from the previous period of time.
We can guess how this company will have a successful future, although it won’t happen quickly.