Socket Mobile Stock Today

SCKT Stock  USD 1.16  0.02  1.75%   

Performance

Very Weak

 
Weak
 
Strong

Odds Of Distress

Above Average

 
High
 
Low
Socket Mobile is selling for under 1.16 as of the 18th of March 2025; that is 1.75 percent increase since the beginning of the trading day. The stock's last reported lowest price was 1.11. Socket Mobile has over 58 % chance of experiencing financial distress in the next 2 years of operation and has generated negative returns for investors over the last 90 days. The performance scores are derived for the period starting the 18th of December 2024 and ending today, the 18th of March 2025. Click here to learn more.
Business Domain
Technology Hardware & Equipment
IPO Date
6th of June 1995
Category
Technology
Classification
Information Technology
Socket Mobile, Inc. provides data capture and delivery solutions in the United States, Europe, Asia, and internationally. Socket Mobile, Inc. was incorporated in 1992 and is headquartered in Newark, California. Socket Mobile operates under Computer Hardware classification in the United States and is traded on NASDAQ Exchange. The company has 7.61 M outstanding shares of which 17.18 K shares are at this time shorted by private and institutional investors with about 0.24 trading days to cover. More on Socket Mobile

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Socket Stock Highlights

CEO and President and DirectorKevin Mills
Business ConcentrationTechnology Hardware, Storage & Peripherals, Technology Hardware & Equipment, Information Technology, NASDAQ Composite, Information Technology, Technology Hardware, Storage & Peripherals, Computer Hardware, Technology, Cloud Computing (View all Sectors)
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.650.68
Sufficiently Down
Slightly volatile
Gross Profit Margin0.380.45
Fairly Down
Slightly volatile
Total Current Liabilities5.7 M7.5 M
Way Down
Very volatile
Non Current Liabilities Total3.4 M3.2 M
Sufficiently Up
Slightly volatile
Total Assets17.1 M33.1 M
Way Down
Slightly volatile
Total Current AssetsM12.3 M
Way Down
Slightly volatile
Debt Levels
Socket Mobile can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Socket Mobile's financial leverage. It provides some insight into what part of Socket Mobile's total assets is financed by creditors.
Liquidity
Socket Mobile currently holds 6.28 M in liabilities with Debt to Equity (D/E) ratio of 0.27, which may suggest the company is not taking enough advantage from borrowing. Socket Mobile has a current ratio of 2.28, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Socket Mobile's use of debt, we should always consider it together with its cash and equity.

Capital Expenditures

2.61 Million
Socket Mobile (SCKT) is traded on NASDAQ Exchange in USA. It is located in 40675 Encyclopedia Circle, Fremont, CA, United States, 94538 and employs 6 people. Socket Mobile is listed under Technology Hardware, Storage & Peripherals category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 11.03 M. Socket Mobile conducts business under Technology Hardware, Storage & Peripherals sector and is part of Information Technology industry. The entity has 7.61 M outstanding shares of which 17.18 K shares are at this time shorted by private and institutional investors with about 0.24 trading days to cover. Socket Mobile currently holds about 5.59 M in cash with 48.56 K of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.78.
Check Socket Mobile Probability Of Bankruptcy
Ownership Allocation
The market capitalization of Socket Mobile is $11.03 Million. Socket Mobile maintains significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Note, that even with negative profits, if the true value of the company is larger than the current market value, you may still be able to generate positive returns on investment in this company.
Check Socket Ownership Details

Socket Stock Institutional Holders

InstituionRecorded OnShares
Morgan Stanley - Brokerage Accounts2024-12-31
750
Sbi Securities Co Ltd2024-12-31
747
Continuum Advisory, Llc2024-12-31
500
Advisor Group Holdings, Inc.2024-12-31
300
Fifth Third Bancorp2024-12-31
50.0
Bank Of America Corp2024-12-31
46.0
Goss Wealth Management Llc2024-12-31
35.0
Barclays Plc2024-12-31
30.0
Ubs Group Ag2024-12-31
0.0
Amh Equity Ltd2024-12-31
116.3 K
Vanguard Group Inc2024-12-31
67.2 K
View Socket Mobile Diagnostics

Socket Mobile Historical Income Statement

At this time, Socket Mobile's Depreciation And Amortization is comparatively stable compared to the past year. Interest Income is likely to gain to about 115.1 K in 2025, whereas Total Revenue is likely to drop slightly above 17.8 M in 2025. View More Fundamentals

Socket Stock Against Markets

Socket Mobile Corporate Management

Eric GlaenzerVP OfficerProfile
Leonard OttChief Technical Officer and VP of EngineeringProfile
David HolmesChief OfficerProfile
Flora ChuGeneral CounselProfile

Additional Tools for Socket Stock Analysis

When running Socket Mobile's price analysis, check to measure Socket Mobile's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Socket Mobile is operating at the current time. Most of Socket Mobile's value examination focuses on studying past and present price action to predict the probability of Socket Mobile's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Socket Mobile's price. Additionally, you may evaluate how the addition of Socket Mobile to your portfolios can decrease your overall portfolio volatility.