Sonendo (NYSE:SONX – Get Free Report) is projected to post its resultson Wednesday, November 11th. Analysts expect Sonendo to announce earnings of ($118.00) per share and revenue of $7.79 million for the quarter.
Sonendo Price Performance
Shares of Sonendo stock opened at $1.28 on Wednesday. The company has a quick ratio of 1.22, a current ratio of 1.82 and a debt-to-equity ratio of 0.55. The firm has a market cap of $6.11 million, a PE ratio of -0.02 and a beta of 1.81. The company’s fifty day simple moving average is $1.22 and its two-hundred day simple moving average is $0.66. Sonendo has a 12-month low of $0.02 and a 12-month high of $1.90.
Sonendo Company Profile
Sonendo, Inc is a dental technology company focused on improving root canal treatment through minimally invasive tools and technologies. The company’s flagship product is the GentleWave System, which is designed to clean and disinfect the root canal system using a combination of irrigant activation, fluid dynamics and acoustic energy.
The GentleWave System is intended for use by endodontists and general dentists performing nonsurgical root canal procedures. Sonendo also provides related instruments, accessories, consumables, software and clinical education and support to help dental professionals incorporate the system into their practices.
Founded in 2006, Sonendo has marketed its products in the United States and select international markets.
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