Sonendo (NYSE:SONX) Trading 2.5% Higher – What’s Next?

Shares of Sonendo, Inc. (NYSE:SONX) were up 2.5% during mid-day trading on Monday . The stock traded as high as $1.24 and last traded at $1.24. Approximately 260 shares changed hands during trading, a decline of 78% from the average daily volume of 1,191 shares. The stock had previously closed at $1.21.

Sonendo Stock Performance

The stock has a 50-day moving average of $1.83 and a two-hundred day moving average of $1.73. The company has a market cap of $530,720.00, a P/E ratio of -0.02 and a beta of 1.38. The company has a debt-to-equity ratio of 0.55, a quick ratio of 1.22 and a current ratio of 1.82.

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.