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SmartKem Inc (NASDAQ: SMTK) closed the day trading at $1.7 up 19.72% from the previous closing price of $1.42. In other words, the price has increased by $19.72 from its previous closing price. On the day, 0.72 million shares were traded. SMTK stock price reached its highest trading level at $1.74 during the session, while it also had its lowest trading level at $1.42.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SMTK now has a Market Capitalization of 7725633 and an Enterprise Value of 7237633. For the stock, the TTM Price-to-Sale (P/S) ratio is 77.22. Its current Enterprise Value per Revenue stands at 74.615 whereas that against EBITDA is -0.571.
Stock Price History:
Over the past 52 weeks, SMTK has reached a high of $7.80, while it has fallen to a 52-week low of $0.58. The 50-Day Moving Average of the stock is 80.01%, while the 200-Day Moving Average is calculated to be -23.19%.
Shares Statistics:
Over the past 3-months, SMTK traded about 1.66M shares per day on average, while over the past 10 days, SMTK traded about 9502220 shares per day. A total of 4.44M shares are outstanding, with a floating share count of 3.70M. Insiders hold about 18.62% of the company’s shares, while institutions hold 28.34% stake in the company. Shares short for SMTK as of 1755216000 were 16739 with a Short Ratio of 0.01, compared to 1752537600 on 99852. Therefore, it implies a Short% of Shares Outstanding of 16739 and a Short% of Float of 0.37.
