Smart for Life Inc (SMFL) Shares Rise by 8.33% to Close at $1.30

As of close of business last night, Smart for Life Inc’s stock clocked out at $1.30, up 8.33% from its previous closing price of $1.20. In other words, the price has increased by $+0.1200 from its previous closing price. On the day, 1621142 shares were traded. SMFL stock price reached its highest trading level at $1.3800 during the session, while it also had its lowest trading level at $1.1200.

Ratios:

To gain a deeper understanding of SMFL’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.04 and its Current Ratio is at 0.18. In the meantime, Its Debt-to-Equity ratio is 16.22 whereas as Long-Term Debt/Eq ratio is at 11.22.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SMFL now has a Market Capitalization of 956.00k and an Enterprise Value of 16.36M. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.07 while its Price-to-Book (P/B) ratio in mrq is 0.86. Its current Enterprise Value per Revenue stands at 1.47 whereas that against EBITDA is -1.24.

Stock Price History:

Over the past 52 weeks, SMFL has reached a high of $93.60, while it has fallen to a 52-week low of $0.32. The 50-Day Moving Average of the stock is 1.2070, while the 200-Day Moving Average is calculated to be 7.7043.

Shares Statistics:

It appears that SMFL traded 3.03M shares on average per day over the past three months and 392.01k shares per day over the past ten days. Insiders hold about 1.26% of the company’s shares, while institutions hold 3.33% stake in the company. Shares short for SMFL as of Feb 15, 2024 were 128.1k with a Short Ratio of 0.04, compared to 151.46k on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 16.08% and a Short% of Float of 16.54%.

Earnings Estimates

As of right now, 1 analysts gave their recommendation on the stock of the company. On average, analysts expect EPS of -$11.94 for the current quarter, with a high estimate of -$11.94 and a low estimate of -$11.94, while EPS last year was -$85.5. The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.

Analysts are recommending an EPS of between -$50.58 and -$50.58 for the fiscal current year, implying an average EPS of -$50.58. EPS for the following year is -$0.27, with 1 analysts recommending between -$0.27 and -$0.27.

Revenue Estimates

In the current quarter, 1 analysts expect revenue to total $3M. It ranges from a high estimate of $3M to a low estimate of $3M. As of the current estimate, Smart for Life Inc’s year-ago sales were $3.67M, an estimated decrease of -18.20% from the year-ago figure.

A total of 1 analysts have provided revenue estimates for SMFL’s current fiscal year. The highest revenue estimate was $10.44M, while the lowest revenue estimate was $10.44M, resulting in an average revenue estimate of $10.44M. In the same quarter a year ago, actual revenue was $17.77M, down -41.20% from the average estimate. Based on 1 analysts’ estimates, the company’s revenue will be $11.48M in the next fiscal year. The high estimate is $11.48M and the low estimate is $11.48M. The average revenue growth estimate for next year is up 10.00% from the average revenue estimate for this year.

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