Sonnet Biotherapeutics Holdings Stock Today

SONN Stock  USD 2.61  0.04  1.56%   

Performance

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Odds Of Distress

Over 82

 
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Sonnet Biotherapeutics is selling at 2.61 as of the 3rd of December 2024; that is 1.56 percent increase since the beginning of the trading day. The stock's open price was 2.57. Sonnet Biotherapeutics has a very high chance of experiencing financial distress in the next few years of operation. It has also generated negative returns for investors over the last 90 days. Equity ratings for Sonnet Biotherapeutics Holdings are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 14th of December 2022 and ending today, the 3rd of December 2024. Click here to learn more.
Business Domain
Pharmaceuticals, Biotechnology & Life Sciences
IPO Date
31st of October 2006
Category
Healthcare
Classification
Health Care
Sonnet BioTherapeutics Holdings, Inc., a clinical stage oncology-focused biotechnology company, develops platform for biologic medicines of single or bispecific action. Sonnet BioTherapeutics Holdings, Inc. is based in Princeton, New Jersey. Sonnet BioTherapeutics operates under Biotechnology classification in the United States and is traded on NASDAQ Exchange. The company has 837.66 K outstanding shares of which 35.2 K shares are at this time shorted by private and institutional investors with about 0.03 trading days to cover. More on Sonnet Biotherapeutics Holdings

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Sonnet Stock Highlights

ESG Sustainability
Environmental
Governance
Social
Chairman, FounderPankaj Mohan
Business ConcentrationBiotechnology, Pharmaceuticals, Biotechnology & Life Sciences, Health Care, NASDAQ Composite, NASDAQ Health Care, Health Care, Biotechnology, Biotechnology, Healthcare (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.981.0316
Notably Down
Slightly volatile
Total Current Liabilities12.4 M13 M
Notably Down
Slightly volatile
Non Current Liabilities Total8.1 M8.5 M
Notably Down
Slightly volatile
Total Assets28.3 M29.8 M
Notably Down
Pretty Stable
Total Current Assets1.3 M1.3 M
Notably Down
Slightly volatile
Debt Levels
Sonnet Biotherapeutics 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 Sonnet Biotherapeutics' financial leverage. It provides some insight into what part of Sonnet Biotherapeutics' total assets is financed by creditors.
Liquidity
Sonnet Biotherapeutics Holdings currently holds 203.91 K in liabilities with Debt to Equity (D/E) ratio of 0.36, which is about average as compared to similar companies. Sonnet Biotherapeutics has a current ratio of 1.08, suggesting that it may have difficulties to pay its financial obligations when due. Note, when we think about Sonnet Biotherapeutics' use of debt, we should always consider it together with its cash and equity.

Other Cashflows From Financing Activities

2.14 Million
Sonnet Biotherapeutics Holdings (SONN) is traded on NASDAQ Exchange in USA. It is located in 100 Overlook Center, Princeton, NJ, United States, 08540 and employs 12 people. Sonnet Biotherapeutics is listed under Biotechnology category by Fama And French industry classification. The company currently falls under 'Nano-Cap' category with a current market capitalization of 2.19 M. Sonnet Biotherapeutics conducts business under Biotechnology sector and is part of Health Care industry. The entity has 837.66 K outstanding shares of which 35.2 K shares are at this time shorted by private and institutional investors with about 0.03 trading days to cover. Sonnet Biotherapeutics Holdings currently holds about 5.22 M in cash with (21.34 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.21.
Check Sonnet Biotherapeutics Probability Of Bankruptcy
Ownership Allocation
Sonnet Biotherapeutics has 4.22 % of its outstanding shares held by insiders and 0.61 % owned by institutional holders.
Check Sonnet Ownership Details

Sonnet Stock Institutional Holders

InstituionRecorded OnShares
Geode Capital Management, Llc2024-09-30
0.0
Armistice Capital, Llc2024-09-30
0.0
Private Wealth Management Group Llc2024-09-30
0.0
Sabby Management Llc2024-06-30
238.4 K
Virtu Financial Llc2024-06-30
32.7 K
Blackrock Inc2024-06-30
520
Tower Research Capital Llc2024-09-30
378
Bank Of America Corp2024-06-30
28.0
Susquehanna International Group, Llp2024-06-30
0.0
Wells Fargo & Co2024-06-30
0.0
Citigroup Inc2024-06-30
0.0
View Sonnet Biotherapeutics Diagnostics

Sonnet Biotherapeutics Historical Income Statement

At this time, Sonnet Biotherapeutics' Tax Provision is very stable compared to the past year. As of the 3rd of December 2024, Interest Income is likely to grow to about 955 K, while Selling General Administrative is likely to drop about 2.4 M. View More Fundamentals

Sonnet Stock Against Markets

Sonnet Biotherapeutics Corporate Management

Manuel DafonsecaHead OperationsProfile
Stephen McAndrewSenior DevelopmentProfile
Gael HedouChief OfficerProfile
John CiniChief CoFounderProfile
MD FACPChief OfficerProfile
When determining whether Sonnet Biotherapeutics offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Sonnet Biotherapeutics' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Sonnet Biotherapeutics Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Sonnet Biotherapeutics Holdings Stock:
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Is Biotechnology 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 Sonnet Biotherapeutics. If investors know Sonnet 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 Sonnet Biotherapeutics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.96)
Revenue Per Share
0.019
Quarterly Revenue Growth
(0.50)
Return On Assets
(0.97)
Return On Equity
(2.65)
The market value of Sonnet Biotherapeutics is measured differently than its book value, which is the value of Sonnet that is recorded on the company's balance sheet. Investors also form their own opinion of Sonnet Biotherapeutics' value that differs from its market value or its book value, called intrinsic value, which is Sonnet Biotherapeutics' 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 Sonnet Biotherapeutics' market value can be influenced by many factors that don't directly affect Sonnet Biotherapeutics' 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 Sonnet Biotherapeutics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Sonnet Biotherapeutics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sonnet Biotherapeutics' 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.