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Sonnet BioTherapeutics Holdings NasdaqCM:SONN Stock Report

Last Price

US$5.53

Market Cap

US$4.0m

7D

-5.0%

1Y

-72.9%

Updated

02 Oct, 2024

Data

Company Financials

Sonnet BioTherapeutics Holdings, Inc.

NasdaqCM:SONN Stock Report

Market Cap: US$4.0m

SONN Stock Overview

A biotechnology company, owns a platform for biologic medicines of single or bifunctional action.

SONN fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health4/6
Dividends0/6

Sonnet BioTherapeutics Holdings, Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Sonnet BioTherapeutics Holdings
Historical stock prices
Current Share PriceUS$5.53
52 Week HighUS$22.64
52 Week LowUS$4.99
Beta1
11 Month Change-4.21%
3 Month Change-21.51%
1 Year Change-72.91%
33 Year Change-99.65%
5 Year Changen/a
Change since IPO-99.96%

Recent News & Updates

Recent updates

Sonnet BioTherapeutics regains compliance with Nasdaq's minimum bid price requirement

Oct 04

Sonnet BioTherapeutics announces 1-for-14 reverse stock split

Sep 16

Sonnet gets clearance to start phase 1b/2a trial of SON-080 in Australia

Jul 22

We're A Little Worried About Sonnet BioTherapeutics Holdings' (NASDAQ:SONN) Cash Burn Rate

Dec 19
We're A Little Worried About Sonnet BioTherapeutics Holdings' (NASDAQ:SONN) Cash Burn Rate

Sonnet Bio issued U.S. patent for its albumin binding technology

Jun 08

Sonnet shares rise after completing licensing agreement with New Life Therapeutics

May 03

Sonnet BioTherapeutics reports FY results

Dec 17

Shareholder Returns

SONNUS BiotechsUS Market
7D-5.0%-0.2%-0.4%
1Y-72.9%22.1%34.1%

Return vs Industry: SONN underperformed the US Biotechs industry which returned 22.1% over the past year.

Return vs Market: SONN underperformed the US Market which returned 34.1% over the past year.

Price Volatility

Is SONN's price volatile compared to industry and market?
SONN volatility
SONN Average Weekly Movement13.9%
Biotechs Industry Average Movement10.0%
Market Average Movement6.4%
10% most volatile stocks in US Market14.9%
10% least volatile stocks in US Market3.1%

Stable Share Price: SONN's share price has been volatile over the past 3 months.

Volatility Over Time: SONN's weekly volatility (14%) has been stable over the past year, but is still higher than 75% of US stocks.

About the Company

FoundedEmployeesCEOWebsite
n/a12Pankaj Mohanwww.sonnetbio.com

Sonnet BioTherapeutics Holdings, Inc., a biotechnology company, owns a platform for biologic medicines of single or bifunctional action. The company develops fully human albumin binding technology, which utilizes human single chain antibodies fragment that binds to and hitch-hikes on human serum albumin for transport to target tissues. Its lead product candidate is SON-1010, a fully human single-chain version of interleukin 12 that is in Phase 1b/2a clinical trial for the treatment of solid tumor indications, including ovarian cancer, non-small cell lung cancer, and head and neck cancer.

Sonnet BioTherapeutics Holdings, Inc. Fundamentals Summary

How do Sonnet BioTherapeutics Holdings's earnings and revenue compare to its market cap?
SONN fundamental statistics
Market capUS$3.99m
Earnings (TTM)-US$7.99m
Revenue (TTM)US$55.88k

64.3x

P/S Ratio

-0.4x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SONN income statement (TTM)
RevenueUS$55.88k
Cost of RevenueUS$6.38m
Gross Profit-US$6.33m
Other ExpensesUS$1.66m
Earnings-US$7.99m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-12.28
Gross Margin-11,318.90%
Net Profit Margin-14,289.97%
Debt/Equity Ratio0%

How did SONN perform over the long term?

See historical performance and comparison