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Sonnet BioTherapeutics Holdings NasdaqCM:SONN Stock Report

Last Price

US$0.91

Market Cap

US$2.8m

7D

-2.9%

1Y

-91.0%

Updated

07 Jul, 2024

Data

Company Financials +

Sonnet BioTherapeutics Holdings, Inc.

NasdaqCM:SONN Stock Report

Market Cap: US$2.8m

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$0.91
52 Week HighUS$10.56
52 Week LowUS$0.87
Beta0.99
11 Month Change-46.47%
3 Month Change-55.16%
1 Year Change-91.01%
33 Year Change-99.77%
5 Year Changen/a
Change since IPO-99.95%

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-2.9%-1.4%1.8%
1Y-91.0%10.5%24.2%

Return vs Industry: SONN underperformed the US Biotechs industry which returned 10.4% over the past year.

Return vs Market: SONN underperformed the US Market which returned 24% 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 Movement10.2%
Market Average Movement5.7%
10% most volatile stocks in US Market14.8%
10% least volatile stocks in US Market2.8%

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$2.83m
Earnings (TTM)-US$8.43m
Revenue (TTM)US$92.73k

30.5x

P/S Ratio

-0.3x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SONN income statement (TTM)
RevenueUS$92.73k
Cost of RevenueUS$7.06m
Gross Profit-US$6.97m
Other ExpensesUS$1.46m
Earnings-US$8.43m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-2.71
Gross Margin-7,517.12%
Net Profit Margin-9,087.11%
Debt/Equity Ratio0%

How did SONN perform over the long term?

See historical performance and comparison
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