Sonoma Pharmaceuticals Inc. (SNOA) Volatility At 12.37%, Should You Add A Position?

Sonoma Pharmaceuticals Inc. (NASDAQ: SNOA) is -11.20% lower on its value in year-to-date trading and has touched a low of $0.12 and a high of $1.60 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The SNOA stock was last observed hovering at around $0.16 in the last trading session, with the day’s loss setting it 0.0%.

Currently trading at $0.16, the stock is -8.17% and -8.94% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.37 million and changing -2.32% at the moment leaves the stock -76.49% off its SMA200. SNOA registered -89.92% loss for a year compared to 6-month loss of -84.14%. The firm has a 50-day simple moving average (SMA 50) of $0.05 and a 200-day simple moving average (SMA200) of -$0.11.

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The stock witnessed a -12.93% gain in the last 1 month and extending the period to 3 months gives it a -4.53%, and is -7.88% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 12.37% over the week and 20.52% over the month.

Sonoma Pharmaceuticals Inc. (SNOA) has around 171 employees, a market worth around $2.19M and $12.12M in sales. Profit margin for the company is -50.75%. Distance from 52-week low is 38.22% and -89.99% from its 52-week high. The company has generated returns on investments over the last 12 months (-105.85%).

Sonoma Pharmaceuticals Inc. quarterly earnings per share for the current quarter are estimated at -$0.21 with sales reaching $3.76M over the same period., but quarterly earnings will post 10.40% year-over-year. Quarterly sales are estimated to grow 27.70% in year-over-year returns.

13 institutions hold shares in Sonoma Pharmaceuticals Inc. (SNOA), with institutional investors hold 0.94% of the company’s shares. The shares outstanding are 13.68M, and float is at 13.46M with Short Float at 5.02%. Institutions hold 0.92% of the Float.

The top institutional shareholder in the company is Two Sigma Securities, LLC with over 52042.0 shares valued at $55684.0. The investor’s holdings represent 1.01% of the SNOA Shares outstanding. As of Jun 29, 2023, the second largest holder is Geode Capital Management, LLC with 36214.0 shares valued at $38748.0 to account for 0.70% of the shares outstanding. The other top investors are State Street Corporation which holds 24315.0 shares representing 0.47% and valued at over $26017.0, while Renaissance Technologies, LLC holds 0.43% of the shares totaling 22206.0 with a market value of $23760.0.

Sonoma Pharmaceuticals Inc. (SNOA) Insider Activity

A total of 0 insider transactions have happened at Sonoma Pharmaceuticals Inc. (SNOA) in the last six months, with sales accounting for 0 and purchases happening 0 times.