RevenueNet IncomeP/EP/SEBITDividendStocksMarket capitalizationDebtLiabilitiesEquityAAQSEmployeesROEROAROCE
Socket Mobile Stock

Socket Mobile Market capitalization 2024

Socket Mobile Market capitalization

8.17 M USD

Ticker

SCKT

ISIN

US83368E2000

WKN

A0RBSN

In 2024, Socket Mobile's market cap stood at 8.17 M USD, a 13.42% increase from the 7.2 M USD market cap in the previous year.

The Socket Mobile Market capitalization history

YEARMarket Capitalization (undefined USD)
202311.13
202222.78
202157.17
20209.85
201913.15
201816.4
201724.9
201621.4
201513.8
201410.37
2013-
201210.66
20119.53
20109.67
2009-
2008-
2007-
2006-
2005-
2004-

Socket Mobile Aktienanalyse

What does Socket Mobile do?

Socket Mobile Inc is a US-American company that was founded in 1992 and is headquartered in Newark, California. It emerged from the idea of producing mobile devices for use in retail and healthcare, with the aim of working faster and more efficiently. The model of Socket Mobile is to offer innovative mobile solutions for business processes and mobile data collection for various industries. The company specializes in the development and production of mobile barcode scanners. In addition, it also offers RFID scanners and software solutions for mobile use. The company serves a wide range of industries, including retail, healthcare, hospitality, logistics and transportation, government institutions, and more. An important part of the company is also the individual customization and integration of hardware or software solutions into the customer's infrastructure. Socket Mobile's products include a wide range of mobile barcode scanners that ensure high accuracy and durability. These include the DuraScan® D755, DuraScan® D730, DuraScan® D760, DuraScan® D600, and SocketScan® S840. The DuraScan® D755 is a robust handheld scanner that allows for fast and reliable barcode capture. It comes with a durable battery and Wi-Fi connectivity, making it a great asset for inventory or stock management inquiries. For use in healthcare, there is the DuraScan® D730 with disinfectant-compatible housing options. The SocketScan® S840 is a reliable, durable mobile scanner that is compatible with iOS, Android, and Windows devices. It features a 1D or 2D imaging scan engine and has Bluetooth connectivity. The scanner is also available in a kit that comes with a rugged, protective case and strap, making it perfect for applications across a wide range of industries. Another important product from Socket Mobile is the RFID scanner S550. This scanner is capable of reading RFID tags. The reception areas of RFID allow for quick reading, capturing, and storing of information from RFID tags. With the S550, it is possible to benefit from mobility and speed to accelerate comprehensive processes and ensure accuracy of data. Desinfectability and durability play an important role at Socket Mobile. The robust housings of the scanners and the low-mobility design make them reliable mobile solutions. With the individual cleaning options or the possibility to make the device housing resistant to the effects of disinfectants. Overall, Socket Mobile Inc has achieved a strong position in the field of mobile data collection and barcode technology with its mobile barcode scanners, RFID scanners, and software solutions. The company focuses on offering industry-specific applications with intuitive, user-friendly mobile solutions to enable its customers to work more effectively in the business world. Socket Mobile is therefore an important partner for business owners who need mobile solutions for their business processes. Socket Mobile ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Market capitalization Details

Exploring Socket Mobile's Market Capitalization

Socket Mobile's market capitalization represents the total dollar market value of the company’s outstanding shares of stock. It is calculated by multiplying the company's shares outstanding by the current market price of one share. This metric is a vital indicator of a company’s size, strength, and overall market value.

Year-to-Year Comparison

A yearly comparison of Socket Mobile's market capitalization provides investors and analysts insights into its growth and valuation trends. An increase signifies market confidence and business expansion, while a decrease may point towards declining market value or business contractions.

Impact on Investments

Socket Mobile's market capitalization plays a pivotal role in investment decisions. It aids investors in assessing the company's risk and return profiles. Larger companies are often considered more stable but may offer lower growth potential, while smaller companies might offer significant growth prospects but come with higher risk.

Interpreting Market Capitalization Fluctuations

Variations in Socket Mobile’s market capitalization can be attributed to several factors, including changes in stock price, outstanding shares, and market sentiment. Understanding these fluctuations helps investors evaluate the company's current standing and future potential in the competitive landscape.

Frequently Asked Questions about Socket Mobile stock

What is the current Socket Mobile market capitalization?

The current market capitalization of Socket Mobile is 8.17 M USD.

What is market capitalization?

The market capitalization (German: Marktkapitalisierung, English: market capitalization, abbreviated as market cap, also known as stock exchange capitalization or market value) is the calculated total value of all shares of a publicly traded company like Socket Mobile.

How has the market capitalization of Socket Mobile developed in recent years?

The market capitalization of Socket Mobile has increased/decreased by 13.42% compared to the previous year.

What does market capitalization mean for investors?

The market capitalization of a company reflects the current market consensus on the value of the equity of a publicly traded company.

Why is market capitalization an important indicator for investors?

The market capitalization of a company reflects the current market consensus on the value of a publicly traded company's equity. It is determined by the supply and demand for the company's shares. Market capitalization is thus significantly influenced by expectations in the stock market regarding the future earnings power of the company, and as such, it can undergo significant fluctuations.

Why does the market capitalization fluctuate?

The market capitalization fluctuates along with the stock price, as the market capitalization is calculated based on the current price and the number of outstanding shares.

What role does market capitalization play in the valuation of Socket Mobile?

In order to compare the value of companies, it is helpful to consider not only the market capitalization but also the net debt of a company. A potential buyer of the entire company would also acquire the debts of the company. The enterprise value is the total value of a company or a stock corporation. The net financial indebtedness of the company is added to the market capitalization.

Does the market capitalization influence the performance of Socket Mobile?

There is no verifiable long-term evidence or study that stocks with a specific market capitalization (whether Mega/Large/Mid/Small Cap) would consistently yield significantly higher returns than others. There are occasional small studies (few stocks, short investment period) suggesting that certain classes may perform better or have higher risk, but none of them are 1. conclusive (cause-effect relationship is unclear, experiment is not repeatable) or 2. generalizable (generalization is not possible due to small sample size and time period).

Does the market capitalization of Socket Mobile have an influence on indices?

Some stock indices use market capitalization as index weighting. Stocks with a higher market capitalization are also weighted higher in the index. This is in contrast to equally weighted indices (all stocks have the same weighting) and free float weighted indices (market capitalization weighting, but only with the number of shares in free float).

How much dividend does Socket Mobile pay?

Over the past 12 months, Socket Mobile paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Socket Mobile is expected to pay a dividend of 0 USD.

What is the dividend yield of Socket Mobile?

The current dividend yield of Socket Mobile is .

When does Socket Mobile pay dividends?

Socket Mobile pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Socket Mobile?

Socket Mobile paid dividends every year for the past 0 years.

What is the dividend of Socket Mobile?

For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.

In which sector is Socket Mobile located?

Socket Mobile is assigned to the 'Information technology' sector.

Wann musste ich die Aktien von Socket Mobile kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Socket Mobile from 10/2/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 10/2/2024.

When did Socket Mobile pay the last dividend?

The last dividend was paid out on 10/2/2024.

What was the dividend of Socket Mobile in the year 2023?

In the year 2023, Socket Mobile distributed 0 USD as dividends.

In which currency does Socket Mobile pay out the dividend?

The dividends of Socket Mobile are distributed in USD.

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Andere Kennzahlen von Socket Mobile

Our stock analysis for Socket Mobile Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Socket Mobile Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.