Socket Mobile Inc's fundamentals are relatively stable, with an industry-leading ESG disclosure.and its growth potential is significant.Its valuation is considered fairly valued, ranking 52 out of 57 in the Electronic Equipment & Parts industry.Institutional ownership is very high.In the medium term, the stock price is expected to trend down.Despite a weak stock market performance over the past month, the company shows strong fundamentals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Media Coverage
The current financial score of Socket Mobile Inc is 6.10, ranking 46 out of 57 in the Electronic Equipment & Parts industry. Its financial status is weak, and its operating efficiency is average. Its latest quarterly revenue reached 3.70M, representing a year-over-year decrease of 6.70%, while its net profit experienced a year-over-year decrease of 9.51%.
Key Metrics
The current valuation score of Socket Mobile Inc is 8.53, ranking 5 out of 57 in the Electronic Equipment & Parts industry. Its current P/E ratio is -0.48, which is -42078.76% below the recent high of 200.83 and -2134.16% above the recent low of -10.69.
No earnings forecast score is currently available for Socket Mobile Inc. The Electronic Equipment & Parts industry's average is 7.63.
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
The current price momentum score of Socket Mobile Inc is 5.50, ranking 55 out of 57 in the Electronic Equipment & Parts industry. Currently, the stock price is trading between the resistance level at 0.94 and the support level at 0.82, making it suitable for range-bound swing trading.
The Indicators feature provides value and direction analysis for various instruments under a selection of technical indicators, together with a technical summary.
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The current institutional shareholding score of Socket Mobile Inc is 3.00, ranking 37 out of 57 in the Electronic Equipment & Parts industry. The latest institutional shareholding proportion is 7.15%, representing a quarter-over-quarter increase of 40.95%. The largest institutional shareholder is James Simons, holding a total of 26.60K shares, representing 0.32% of shares outstanding, with 46.72% decrease in holdings.
The U.S. Dollar Index is currently in a neutral state, which has a neutral effect on the Electronic Equipment & Parts domestic-focused industry. The Dollar Index (DXY) measures the value of the U.S. dollar against a basket of major currencies, including the euro, yen, pound sterling, Canadian dollar, Swedish krona, and Swiss franc. The current risk assessment score of Socket Mobile Inc is 3.16, ranking 43 out of 57 in the Electronic Equipment & Parts industry. The company's beta value is 1.20. This indicates that the stock tends to outperform the index during upward trending markets but experiences larger declines during downward trending markets. with an industry-leading ESG disclosure.
