Sonim Technologies (NASDAQ:SONM) Stock Sees Value Buying At Lower Level

Sonim Technologies (NASDAQ:SONM) jumped 21 % after unveiling the Klein waterproof headsets and RSMs that are compatible with the SonimSecureAudio Connector phones, including XP8, XP5s, and XP3.

For the past year, Sonim and Klein have been on a mission to address leading client objections associated with the rugged audio devices – warranty, waterproof, and affordability. Currently, the companies offer waterproof headsets and RSMS, which are the most affordable, with an industry-leading three-year warranty through leading distributors and mobile operators worldwide.

Sonim CMO John Graff said that one of the leading issues affecting enterprise operations is devices failure, increasing the total ownership cost. He explained that the three-year warranty shows that the company is committed to its rugged performance standards and enhancing confidence in industrial workers and first responders relying on Klein and Sonim’s combined offerings for communications. Products compatible with Sonim handsets include Klein VALOR RSM, Klein CURL, and PATIOT-PRO headset. Therefore, investors should watch SONM. 

Market Reaction:

On Thursday, SONM stock surged 21.40% at $0.59 with more than 25.25 million shares, compared to its average volume of 5.76 million shares. The stock has moved within a range of $0.4920 – 0.5939 after opening the trade at $0.5150.