Sonder Holdings Inc (NASDAQ: SOND) is 74.93% higher on its value in year-to-date trading and has touched a low of $0.88 and a high of $10.80 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The SOND stock was last observed hovering at around $6.04 in the last trading session, with the day’s loss setting it -0.11%.
Currently trading at $5.93, the stock is 123.73% and 74.85% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.06 million and changing -1.82% at the moment leaves the stock 54.15% off its SMA200. SOND registered -40.70% loss for a year compared to 6-month gain of 95.07%.
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The stock witnessed a 79.15% loss in the last 1 month and extending the period to 3 months gives it a 80.79%, and is 238.86% up 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 55.06% over the week and 31.46% over the month.
Profit margin for the company is -47.02%. Distance from 52-week low is 573.86% and -45.09% from its 52-week high. The company has generated returns on investments over the last 12 months (-19.46%).
with sales reaching $170M over the same period., but quarterly earnings will post 32.10% year-over-year. Quarterly sales are estimated to grow 26.10% in year-over-year returns.
Sonder Holdings Inc (SOND) Top Institutional Holders
52.0 institutions hold shares in Sonder Holdings Inc (SOND), with institutional investors hold 40.76% of the company’s shares. The shares outstanding are 11.06M, and float is at 8.82M with Short Float at 10.86%. Institutions hold 39.71% of the Float.
The top institutional shareholder in the company is GREYLOCK 15 GP LLC with over 0.38 million shares valued at $1.14 million. The investor’s holdings represent 3.5062 of the SOND Shares outstanding. As of 2024-03-31, the second largest holder is BBR PARTNERS, LLC with 50000.0 shares valued at $0.15 million to account for 0.4562 of the shares outstanding.
Sonder Holdings Inc (SOND) Insider Activity
The most recent transaction is an insider purchase by Bowen Adam, the company’s Chief Accounting Officer. SEC filings show that Bowen Adam bought 10,000 shares of the company’s common stock on Dec 06 ’23 at a price of $2.89 per share for a total of $28900.0. Following the purchase, the insider now owns 30000.0 shares.
