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SmartRent Inc (NYSE: SMRT) closed the day trading at $0.90 down -1.76% from the previous closing price of $0.92. In other words, the price has decreased by -$1.76 from its previous closing price. On the day, 2.23 million shares were traded.
Ratios:
For a better understanding of SMRT, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.47 and its Current Ratio is at 2.91. In the meantime, Its Debt-to-Equity ratio is 0.03 whereas as Long-Term Debt/Eq ratio is at 0.03.
On August 08, 2024, Cantor Fitzgerald Downgraded its rating to Neutral which previously was Overweight and also lowered its target price recommendation from $4 to $2.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 13 ’25 when Paladin Michael Shane bought 43,859 shares for $1.14 per share. The transaction valued at 49,999 led to the insider holds 43,859 shares of the business.
DORMAN JOHN C bought 125,000 shares of SMRT for $150,000 on Mar 10 ’25. The Director now owns 229,965 shares after completing the transaction at $1.20 per share. On Mar 07 ’25, another insider, STEMM DARYL, who serves as the CFO of the company, bought 10,000 shares for $1.24 each. As a result, the insider paid 12,350 and bolstered with 76,272 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 1.02 while its Price-to-Book (P/B) ratio in mrq is 0.69.
Stock Price History:
Over the past 52 weeks, SMRT has reached a high of $2.56, while it has fallen to a 52-week low of $0.67. The 50-Day Moving Average of the stock is 1.95%, while the 200-Day Moving Average is calculated to be -35.54%.
Shares Statistics:
A total of 191.75M shares are outstanding, with a floating share count of 170.94M. Insiders hold about 9.16% of the company’s shares, while institutions hold 63.26% stake in the company.
