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

Sonim Technologies, Inc. (NASDAQ:SONM - Get Free Report) CFO Clayton Crolius sold 11,634 shares of the stock in a transaction that occurred on Wednesday, April 23rd. The shares were sold at an average price of $1.45, for a total transaction of $16,869.30. Following the completion of the sale, the chief financial officer now directly owns 30,958 shares of the company's stock, valued at approximately $44,889.10. This trade represents a 27.31 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Sonim Technologies Price Performance

Shares of SONM opened at $1.66 on Friday. The firm has a 50-day simple moving average of $2.02 and a two-hundred day simple moving average of $2.82. The stock has a market cap of $10.50 million, a PE ratio of -0.57 and a beta of 2.07. Sonim Technologies, Inc. has a 1-year low of $1.03 and a 1-year high of $10.70.

About Sonim Technologies

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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.

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