NEW YORK (
) hit a new 52-week low Thursday as it is currently trading at $2.05, below its previous 52-week low of $2.17 with 137,493 shares traded as of 9:36 a.m. ET. Average volume has been 2.4 million shares over the past 30 days.
Sonus has a market cap of $662.8 million and is part of the
industry. Shares are down 17.6% year to date as of the close of trading on Wednesday.
Sonus Networks, Inc. provides voice and data infrastructure solutions for wireline and wireless telephone service providers. Its products comprise softswitch and switch session border control (SBC) products.
- Practice your SONS trading strategies and win cash in our stock game.
TheStreet Ratings rates Sonus as a
. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, disappointing return on equity, weak operating cash flow and feeble growth in its earnings per share. You can view the full
or get investment ideas from our