As of last check, shares of Sonim Technologies Inc. (SONM) were trading up 7.29% at $0.4785 in the premarket session today. Sonim stock closed Friday session at $0.45 with a gain of 0.52%. For the past 50 days, Sonim stock has averaged 7.4 million shares daily, which was higher than its trading volume of 3.95 million shares on the day.
Furthermore, SONM’s current market value stands at $29.70 million, and its outstanding shares stand at 66.32 million. When there is no current news about the company, the price of SONM stock increases, so there may be some reason to think that recent developments will provide additional information.
How has SONM been doing recently?
Sonim provides ultra-rugged mobile solutions for task workers physically engaged in their workspaces, often in mission-critical roles. SONM is a leading US supplier of these portable solutions. As a result of the SONM solution, workers are provided with ultra-rugged mobile phones, industrial accessories, and data and workflow applications that will help them be more productive, communicate more effectively and work safely.
Sonim announced a rugged tablet, the RT80, designed for industrial, public safety, and field service workers.
- RT80’s sunlight-readable 8-inch screen is glove-friendly, and its high-capacity battery is designed for multi-shift work.
- SONM recently introduced the RS80 and RS60 SmartScanners, and the RT80 rugged tablet can be paired with its SmartScanners to enhance customers’ industrial workflow needs.
- In comparison to consumer tablets, the SONM RT80 is purpose-built to withstand the rigors of the workplace.
- Consumer tablets, by their nature, suffer increased downtime due to being unable to handle the rigors of any business environment.
- Users looking for a fully rugged Android device at an affordable price should consider the Sonim RT80, which features a large screen, lightweight design and excellent battery life.
- This rugged SONM device is the perfect addition to any IoT suite, SmartCity or SmartFactory deployment where workers require a device that can access and process IoT data easily and quickly.
- The RT80 is available across North America, UK, Europe and other regions via SONM’s distribution and reseller network.
SONM’s other achievements:
Sonim (SONM) recently won awards with a leading US carrier for two of its next-generation ultra-rugged phones, expected to launch by 2022 with a smartphone 5G capability and enhanced PTT capabilities. SONM did not provide any financial details of the contract. Based on the specifications, features, and cost information provided by SONM as part of the Request for Proposal, the carriers were awarded design wins.
