Witnessing the stock’s movement on the chart, on Thursday, Smith Micro Software, Inc. (NASDAQ: SMSI) had a quiet start as it plunged -38.98% to $1.08, before settling in for the price of $1.77 at the close. Taking a more long-term approach, SMSI posted a 52-week range of $1.70-$14.96.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
The Technology sector firm’s twelve-monthly sales growth has been 12.88% for the last half of the decade. Meanwhile, its Annual Earning per share during the time was -21.69%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -109.38%. This publicly-traded company’s shares outstanding now amounts to $11.04 million, simultaneously with a float of $9.86 million. The organization now has a market capitalization sitting at $11.92 million. At the time of writing, stock’s 50-day Moving Average stood at $2.2265, while the 200-day Moving Average is $4.2279.
Smith Micro Software, Inc. (SMSI) Ownership Facts and Figures
Nothing is more important than checking the behaviour of major investors towards the stock of the Software – Application industry. Smith Micro Software, Inc.’s current insider ownership accounts for 10.65%, in contrast to 8.96% institutional ownership. According to the most recent insider trade that took place on Mar 13 ’24, this organization’s President & CEO sold 11,651 shares at the rate of 0.35, making the entire transaction reach 4,078 in total value, affecting insider ownership by 673,262. Preceding that transaction, on Mar 13 ’24, Company’s VP, CFO and Treasurer sold 4,804 for 0.35, making the whole transaction’s value amount to 1,681. This particular insider is now the holder of 407,973 in total.
Smith Micro Software, Inc. (SMSI) Earnings and Revenue Records
Smith Micro Software, Inc.’s EPS decrease for this current 12-month fiscal period is -109.38% and is forecasted to reach 0.13 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 10.75% through the next 5 years, which can be compared against the -21.69% growth it accomplished over the previous five years trading on the market.
Smith Micro Software, Inc. (NASDAQ: SMSI) Trading Performance Indicators
Let’s observe the current performance indicators for Smith Micro Software, Inc. (SMSI). It’s Quick Ratio in the last reported quarter now stands at 1.53. The Stock has managed to achieve an average true range (ATR) of 0.20. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.39.
In the same vein, SMSI’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -5.28, a figure that is expected to reach -0.31 in the next quarter, and analysts are predicting that it will be 0.13 at the market close of one year from today.
Technical Analysis of Smith Micro Software, Inc. (SMSI)
Going through the that latest performance of [Smith Micro Software, Inc., SMSI]. Its last 5-days volume of 0.27 million indicated improvement to the volume of 0.1 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 5.00% While, its Average True Range was 0.2355.
Raw Stochastic average of Smith Micro Software, Inc. (SMSI) in the period of the previous 100 days is set at 2.07%, which indicates a major fall in contrast to 2.93% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 218.28% that was higher than 106.66% volatility it exhibited in the past 100-days period.
