For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.
The price of Smith Micro Software, Inc (NASDAQ: SMSI) closed at $1.37 in the last session, down -15.95% from day before closing price of $1.63. In other words, the price has decreased by -$15.95 from its previous closing price. On the day, 0.63 million shares were traded. SMSI stock price reached its highest trading level at $1.64 during the session, while it also had its lowest trading level at $1.35.
Ratios:
We take a closer look at SMSI’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 1.00 and its Current Ratio is at 1.00. In the meantime, Its Debt-to-Equity ratio is 0.08 whereas as Long-Term Debt/Eq ratio is at 0.05.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, The Benchmark Company on November 29, 2022, initiated with a Buy rating and assigned the stock a target price of $5.
On August 05, 2021, Dawson James started tracking the stock assigning a Buy rating and target price of $11.10.
On April 27, 2021, The Benchmark Company started tracking the stock assigning a Buy rating and target price of $9.The Benchmark Company initiated its Buy rating on April 27, 2021, with a $9 target price.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Dec 16 ’24 when Kempton James M sold 437 shares for $0.79 per share. The transaction valued at 345 led to the insider holds 70,329 shares of the business.
Kempton James M bought 437 shares of SMSI for $345 on Dec 16 ’24. On Dec 03 ’24, another insider, SMITH WILLIAM W JR, who serves as the President & CEO of the company, sold 7,066 shares for $0.78 each. As a result, the insider received 5,512 and left with 3,194,533 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SMSI now has a Market Capitalization of 24299280 and an Enterprise Value of 6993481. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.00 while its Price-to-Book (P/B) ratio in mrq is 0.43. Its current Enterprise Value per Revenue stands at 0.229 whereas that against EBITDA is -0.473.
Stock Price History:
Over the past 52 weeks, SMSI has reached a high of $7.52, while it has fallen to a 52-week low of $0.52. The 50-Day Moving Average of the stock is 42.36%, while the 200-Day Moving Average is calculated to be -13.36%.
Shares Statistics:
According to the various share statistics, SMSI traded on average about 353.80K shares per day over the past 3-months and 917950 shares per day over the past 10 days. A total of 17.74M shares are outstanding, with a floating share count of 14.03M. Insiders hold about 20.88% of the company’s shares, while institutions hold 4.99% stake in the company. Shares short for SMSI as of 1730332800 were 318355 with a Short Ratio of 1.01, compared to 1727654400 on 816102. Therefore, it implies a Short% of Shares Outstanding of 318355 and a Short% of Float of 2.26.
