Sonic Corp. (SONC) is Trading Higher on Unusual Volume for January 07

Equities Staff |

Sonic Corp. (SONC) experienced unusually high volume on Jan. 07, as the stock gained 2.86% to a closing price of $30.19. The stock saw 2.03 million shares trade hands over the course of the day on 15,795 trades. Given that the stock’s average daily volume over the last month has been 1.17 million shares a day, this represents a pretty substantial spike over the norm.

Sonic Corp. has a P/B ratio of 86.26. It also has a P/E ratio of 23.3. The stock has traded between $36.73 and $22.72 over the last 52-weeks, its 50-day SMA is now $29.56, and its 200-day SMA $28.94.

Sonic Corp operates and franchises a chain of quick-service drive-in restaurants in the United States. It also leases signs and real estate.

Headquartered in Oklahoma City, OK, Sonic Corp. has 10,863 employees and is currently under the leadership of CEO J. Clifford Hudson.

For a complete fundamental analysis analysis of Sonic Corp., check out’s Stock Valuation Analysis report for SONC. To see the latest independent stock recommendations from’s analysts, visit our Research section.


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All data provided by QuoteMedia and was accurate as of 4:30PM ET.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to:


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