Sono Tek Corp Stock Price on October 30, 2024
| SOTK Stock | USD 4.66 0.03 0.64% |
Below is the normalized historical share price chart for Sono Tek Corp extending back to March 06, 1987. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Sono Tek stands at 4.66, as last reported on the 28th of November, with the highest price reaching 4.75 and the lowest price hitting 4.56 during the day.
If you're considering investing in Sono Stock, it is important to understand the factors that can impact its price. Sono Tek appears to be somewhat reliable, given 3 months investment horizon. Sono Tek Corp owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0866, which indicates the firm had a 0.0866% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Sono Tek Corp, which you can use to evaluate the volatility of the company. Please review Sono Tek's Risk Adjusted Performance of 0.0683, semi deviation of 1.84, and Coefficient Of Variation of 1245.34 to confirm if our risk estimates are consistent with your expectations.
At this time, Sono Tek's Total Stockholder Equity is quite stable compared to the past year. Liabilities And Stockholders Equity is expected to rise to about 24.3 M this year, although the value of Common Stock will most likely fall to about 119.1 K. . At this time, Sono Tek's Price Cash Flow Ratio is quite stable compared to the past year. Price Sales Ratio is expected to rise to 4.53 this year, although the value of Price Earnings Ratio will most likely fall to 44.32. Sono Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 6th of May 1987 | 200 Day MA 4.4339 | 50 Day MA 4.3018 | Beta (0.28) |
Sono |
Sharpe Ratio = 0.0866
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Estimated Market Risk
| 2.42 actual daily | 21 79% of assets are more volatile |
Expected Return
| 0.21 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 6 94% of assets perform better |
Based on monthly moving average Sono Tek is performing at about 6% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Sono Tek by adding it to a well-diversified portfolio.
Price Book 4.3333 | Enterprise Value Ebitda 32.9866 | Price Sales 3.5544 | Shares Float 13.1 M | Wall Street Target Price 9.625 |
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Sono Tek Valuation on October 30, 2024
It is possible to determine the worth of Sono Tek on a given historical date. On October 30, 2024 Sono was worth 4.43 at the beginning of the trading date compared to the closed value of 4.23. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Sono Tek stock. Still, in general, we apply an absolute valuation method to find Sono Tek's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Sono Tek where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Sono Tek's related companies.
| Open | High | Low | Close | Volume | |
| 4.39 | 4.49 | 4.33 | 4.38 | 4,476 | |
10/30/2024 | 4.43 | 4.44 | 4.23 | 4.23 | 4,891 |
| 4.41 | 4.41 | 4.23 | 4.26 | 1,998 |
| Backtest Sono Tek | | | Sono Tek History | | | Sono Tek Valuation | Previous | Next |
Sono Tek Trading Date Momentum on October 30, 2024
| On October 31 2024 Sono Tek Corp was traded for 4.26 at the closing time. The top price for the day was 4.41 and the lowest listed price was 4.23 . The trading volume for the day was 2 K. The trading history from October 31, 2024 was a factor to the next trading day price upswing. The trading price change against the next closing price was 0.71% . The trading price change against the current closing price is 0.71% . |
Sono Tek Corp Fundamentals Correlations and Trends
By evaluating Sono Tek's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Sono Tek's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Sono financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Sono Tek Stock history
Sono Tek investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Sono is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Sono Tek Corp will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Sono Tek stock prices may prove useful in developing a viable investing in Sono Tek
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 15.8 M | 11.4 M | |
| Net Income Applicable To Common Shares | 1.1 M | 700.8 K |
Sono Tek Quarterly Net Working Capital |
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Sono Tek Stock Technical Analysis
Sono Tek technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Sono Tek Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
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Sono Tek November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Sono Tek stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Sono Tek shares will generate the highest return on investment. By undertsting and applying Sono Tek stock market strength indicators, traders can identify Sono Tek Corp entry and exit signals to maximize returns
Sono Tek Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Sono Tek's price direction in advance. Along with the technical and fundamental analysis of Sono Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Sono to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0683 | |||
| Jensen Alpha | 0.1251 | |||
| Total Risk Alpha | (0.18) | |||
| Sortino Ratio | 0.0331 | |||
| Treynor Ratio | 0.3652 |
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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sono Tek Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Is Electronic Equipment, Instruments & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Sono Tek. If investors know Sono will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Sono Tek listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.33) | Earnings Share 0.09 | Revenue Per Share 1.311 | Quarterly Revenue Growth (0.09) | Return On Assets 0.0346 |
The market value of Sono Tek Corp is measured differently than its book value, which is the value of Sono that is recorded on the company's balance sheet. Investors also form their own opinion of Sono Tek's value that differs from its market value or its book value, called intrinsic value, which is Sono Tek's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Sono Tek's market value can be influenced by many factors that don't directly affect Sono Tek's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Sono Tek's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sono Tek is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sono Tek's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.