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The closing price of SmartRent Inc (NYSE: SMRT) was $0.86 for the day, up 14.78% from the previous closing price of $0.75. In other words, the price has increased by $14.78 from its previous closing price. On the day, 3.14 million shares were traded.
Ratios:
Our analysis of SMRT’s different ratios will help us gain a deeper understanding of the company. 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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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 0.98 while its Price-to-Book (P/B) ratio in mrq is 0.66.
Stock Price History:
Over the past 52 weeks, SMRT has reached a high of $2.81, while it has fallen to a 52-week low of $0.67. The 50-Day Moving Average of the stock is -12.87%, while the 200-Day Moving Average is calculated to be -41.10%.
Shares Statistics:
A total of 191.75M shares are outstanding, with a floating share count of 170.95M. Insiders hold about 9.03% of the company’s shares, while institutions hold 63.22% stake in the company.
