Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
The closing price of SmartRent Inc (NYSE: SMRT) was $0.79 for the day, up 9.18% from the previous closing price of $0.73. In other words, the price has increased by $9.18 from its previous closing price. On the day, 4.22 million shares were traded. SMRT stock price reached its highest trading level at $0.8342 during the session, while it also had its lowest trading level at $0.72.
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 3.01 and its Current Ratio is at 3.50. In the meantime, Its Debt-to-Equity ratio is 0.03 whereas as Long-Term Debt/Eq ratio is at 0.02.
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:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SMRT now has a Market Capitalization of 152547856 and an Enterprise Value of 17808216. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.87 while its Price-to-Book (P/B) ratio in mrq is 0.53. Its current Enterprise Value per Revenue stands at 0.102 whereas that against EBITDA is -0.469.
Stock Price History:
The Beta on a monthly basis for SMRT is 1.98, which has changed by -0.65414846 over the last 52 weeks, in comparison to a change of 0.05430484 over the same period for the S&P500. Over the past 52 weeks, SMRT has reached a high of $2.98, while it has fallen to a 52-week low of $0.67. The 50-Day Moving Average of the stock is -33.60%, while the 200-Day Moving Average is calculated to be -50.86%.
Shares Statistics:
SMRT traded an average of 1.79M shares per day over the past three months and 2966640 shares per day over the past ten days. A total of 192.05M shares are outstanding, with a floating share count of 175.17M. Insiders hold about 9.02% of the company’s shares, while institutions hold 57.44% stake in the company. Shares short for SMRT as of 1743379200 were 5370000 with a Short Ratio of 3.01, compared to 1740700800 on 5589748. Therefore, it implies a Short% of Shares Outstanding of 5370000 and a Short% of Float of 2.8199999.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
