Clayton Crolius Sells 11,634 Shares of Sonim Technologies, Inc. (NASDAQ:SONM) Stock

Sonim Technologies, Inc. (NASDAQ:SONM) CFO Clayton Crolius sold 11,634 shares of Sonim Technologies stock in a transaction that occurred on Wednesday, April 23rd. The shares were sold at an average price of $1.45, for a total value of $16,869.30. Following the transaction, the chief financial officer now directly owns 30,958 shares in the company, valued at approximately $44,889.10. The trade was a 27.31 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

Sonim Technologies Trading Up 3.1 %

NASDAQ SONM opened at $1.66 on Friday. The firm has a market capitalization of $10.50 million, a P/E ratio of -0.57 and a beta of 2.07. The business has a fifty day simple moving average of $2.02 and a 200 day simple moving average of $2.82. Sonim Technologies, Inc. has a 12 month low of $1.03 and a 12 month high of $10.70.

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.