Sonendo (NYSE:SONX) Stock Price Down 1% – Should You Sell?

Sonendo, Inc. (NYSE:SONXGet Free Report)’s share price was down 1% during trading on Thursday . The company traded as low as $1.00 and last traded at $1.00. Approximately 203 shares traded hands during trading, a decline of 86% from the average session volume of 1,497 shares. The stock had previously closed at $1.01.

Sonendo Stock Performance

The firm has a market cap of $4.78 million, a P/E ratio of -0.01 and a beta of 1.81. The firm’s fifty day moving average is $0.71 and its two-hundred day moving average is $0.45. The company has a quick ratio of 1.22, a current ratio of 1.82 and a debt-to-equity ratio of 0.55.

About Sonendo

(Get Free Report)

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.

Recommended Stories

Receive News & Ratings for Sonendo Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sonendo and related companies with MarketBeat.com's FREE daily email newsletter.