Sonendo, Inc. (NYSE:SONX – Get Free Report) shares were up 6.2% during trading on Friday. The stock traded as high as $0.85 and last traded at $0.85. Approximately 1,043 shares were traded during trading, a decline of 19% from the average daily volume of 1,280 shares. The stock had previously closed at $0.80.
Sonendo Trading Up 6.2%
The company has a 50 day moving average of $1.05 and a 200 day moving average of $0.71. The company has a debt-to-equity ratio of 0.55, a quick ratio of 1.22 and a current ratio of 1.82. The stock has a market capitalization of $4.06 million, a price-to-earnings ratio of -0.01 and a beta of 1.81.
About Sonendo
Sonendo, Inc is a medical technology company focused on improving endodontic, or root canal, treatment. The company develops and commercializes technology designed to help dental professionals clean and disinfect the complex internal anatomy of teeth during root canal procedures.
Its principal product is the GentleWave System, which uses advanced fluid dynamics, acoustic energy and treatment fluids to support the removal of tissue and debris and the disinfection of root canal systems. The system is intended for use by dentists and endodontists as an alternative or complement to conventional root canal instrumentation techniques.
Sonendo was founded in 2006 and is headquartered in Irvine, California.
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