Sonendo (NYSE:SONX) Trading 3.5% Higher – Here’s What Happened

Sonendo, Inc. (NYSE:SONXGet Free Report)’s share price rose 3.5% on Friday . The company traded as high as $0.26 and last traded at $0.26. Approximately 498 shares changed hands during trading, a decline of 62% from the average daily volume of 1,308 shares. The stock had previously closed at $0.2511.

Sonendo Stock Up 3.5%

The business has a 50-day simple moving average of $0.31 and a 200-day simple moving average of $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. The company has a market cap of $111,540.00, a price-to-earnings ratio of 0.00 and a beta of 3.73.

About Sonendo

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Sonendo, Inc, a commercial-stage medical technology company, develops, manufactures, and commercializes devices for root canal therapy in the United States and Canada. It provides GentleWave, a tooth decay treatment, a technology platform designed for cleaning and disinfecting the microscopic spaces within teeth without the need to remove tooth structure.

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