Sonendo, Inc. (NYSE:SONX – Get Free Report) shares were up 18.2% on Friday . The stock traded as high as $1.30 and last traded at $1.30. Approximately 220 shares traded hands during mid-day trading, a decline of 83% from the average session volume of 1,331 shares. The stock had previously closed at $1.10.
Sonendo Stock Up 18.2%
The firm has a market cap of $6.21 million, a price-to-earnings ratio of -0.02 and a beta of 1.81. The business’s 50-day moving average is $0.90 and its 200-day moving average is $0.59. The company has a debt-to-equity ratio of 0.55, a quick ratio of 1.22 and a current ratio of 1.82.
Sonendo Company Profile
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.
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