The key reasons why Sonos Inc. (SONO) is -6.39% away from 52-week high?

Sonos Inc. (NASDAQ: SONO) started the day on November 20, 2020, with a price decrease of -5.63% at $20.94. During the day, the stock rose to $21.64 and sunk to $20.01 before settling in for the price of $22.19 at the close. Taking a more long-term approach, SONO posted a 52-week range of $6.58-$22.37.

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The Technology Sector giants’ yearly sales growth during the last 5-year period was 10.20%. Meanwhile, its Annual Earning per share during the time was -17.20%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 70.60%. This publicly-traded company’s shares outstanding now amounts to $109.48 million, simultaneously with a float of $109.18 million. The organization now has a market capitalization sitting at $2.45 billion. At the time of writing, stock’s 50-day Moving Average stood at $15.36, while the 200-day Moving Average is $12.88.

Sonos Inc. (SONO) Ownership Facts and Figures

Now let’s turn our focus to how large-scale investors are working with this stock of the Consumer Electronics Industry. Sonos Inc.’s current insider ownership accounts for 0.60%, in contrast to 66.40% institutional ownership. According to the most recent insider trade that took place on Nov 19, this organization’s Director sold 30,000 shares at the rate of 21.27, making the entire transaction reach 638,012 in total value, affecting insider ownership by 52,622. Preceding that transaction, on Nov 16, Company’s Director sold 15,000 for 17.00, making the whole transaction’s value amount to 255,000. This particular insider is now the holder of 52,622 in total.

Sonos Inc. (SONO) Earnings and Revenue Records

In the latest quarterly report released, which was put into the public domain on 9/29/2020, the organization reported $0.15 earnings per share (EPS) for the three months, surpassing the consensus estimate (set at $0) by $0.15. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.25 per share during the current fiscal year.

Sonos Inc.’s EPS increase for this current 12-month fiscal period is 70.60% and is forecasted to reach 0.86 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 26.60% through the next 5 years, which can be compared against the -17.20% growth it accomplished over the previous five years trading on the market.

Sonos Inc. (NASDAQ: SONO) Trading Performance Indicators

Let’s observe the current performance indicators for Sonos Inc. (SONO). It’s Quick Ratio in the last reported quarter now stands at 1.50. The Stock has managed to achieve an average true range (ATR) of 1.10. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 1.85. Similarly, its price to free cash flow for trailing twelve months is now 49.10.

In the same vein, SONO’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.25, a figure that is expected to reach 0.87 in the next quarter, and analysts are predicting that it will be 0.86 at the market close of one year from today.

Technical Analysis of Sonos Inc. (SONO)

If we take a close look at the recent performances of Sonos Inc. (NASDAQ: SONO), its last 5-days Average volume was 16.18 million that shows progress from its year to date volume of 3.61 million. During the previous 9 days, stock’s Stochastic %D was recorded 85.87% While, its Average True Range was 1.30.

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Raw Stochastic average of Sonos Inc. (SONO) in the period of the previous 100 days is set at 85.66%, which indicates a major rise in contrast to 81.57% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 112.94% that was higher than 71.48% volatility it exhibited in the past 100-days period.

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Sonos Inc. (NASDAQ: SONO), Sonos Inc., (SONO), NASDAQ: SONO, SONO Shares, SONO Stock, SONO

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