Sound Group (NASDAQ:SOGP) Trading Down 4.8% – Here’s What Happened

Posted by ABMN Staff on Jun 2nd, 2026

Sound Group, Inc. (NASDAQ:SOGP – Get Free Report)’s stock price dropped 4.8% during mid-day trading on Monday . The company traded as low as $12.75 and last traded at $13.00. Approximately 26,598 shares were traded during trading, an increase of 41% from the average daily volume of 18,815 shares. The stock had previously closed at $13.65.

Analyst Upgrades and Downgrades

SOGP has been the subject of a number of research reports. Wall Street Zen upgraded Sound Group from a “buy” rating to a “strong-buy” rating in a report on Saturday, May 9th. Weiss Ratings upgraded Sound Group from a “sell (d-)” rating to a “hold (c)” rating in a report on Monday, May 18th. One analyst has rated the stock with a Hold rating, According to data from MarketBeat, the company presently has a consensus rating of “Hold”.

Check Out Our Latest Stock Report on SOGP

Sound Group Trading Down 4.8%

The stock has a 50-day simple moving average of $15.30 and a 200-day simple moving average of $13.91. The company has a market capitalization of $54.21 million, a price-to-earnings ratio of 144.44 and a beta of 2.40.

Sound Group (NASDAQ:SOGP – Get Free Report) last announced its earnings results on Wednesday, April 1st. The company reported $2.39 earnings per share (EPS) for the quarter. The business had revenue of $0.12 million during the quarter.

Sound Group Announces Dividend

The company also recently declared a special dividend, which was paid on Tuesday, May 12th. Investors of record on Wednesday, April 22nd were given a dividend of $1.20 per share. The ex-dividend date of this dividend was Wednesday, April 22nd.

About Sound Group

(Get Free Report)

Sound Group Inc is a global, AI-powered audio company on a mission to help people connect better and live happier. Leveraging its voice AI technologies and deep expertise in audio interaction, Sound Group is building a diverse ecosystem of intelligent audio products that cater to a global user base. By integrating technology, innovative products, and real-world data within a user-centric ecosystem, the Company generates a powerful growth flywheel that drives continuous innovation and accelerates global expansion.