SmartRent Inc (NYSE: SMRT) on Monday, plunged -2.82% from the previous trading day, before settling in for the closing price of $1.42. Within the past 52 weeks, SMRT’s price has moved between $1.39 and $3.64.
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Technology Sector giant saw their annual sales surged by 67.80% over the last five years. The company achieved an average annual earnings per share of 45.10%. With a float of $174.81 million, this company’s outstanding shares have now reached $203.33 million.
The firm has a total of 526 workers. Let’s measure their productivity.
SmartRent Inc (SMRT) Insider Activity
Observing investor behavior towards Software – Application industry stocks is more important than anything else. The insider ownership of SmartRent Inc is 13.63%, while institutional ownership is 63.49%. The most recent insider transaction that took place on Aug 09 ’24, was worth 1,065,000. Before that another transaction happened on Dec 14 ’23, when Company’s Director sold 3,000 for $3.32, making the entire transaction worth $9,960. This insider now owns 67,412 shares in total.
SmartRent Inc (SMRT) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.01 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 45.10% per share during the next fiscal year.
SmartRent Inc (NYSE: SMRT) Trading Performance Indicators
SmartRent Inc (SMRT) is currently performing well based on its current performance indicators. A quick ratio of 2.67 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.28. Likewise, its price to free cash flow for the trailing twelve months is 68.46.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.12, a number that is poised to hit -0.02 in the next quarter and is forecasted to reach -0.04 in one year’s time.
Technical Analysis of SmartRent Inc (SMRT)
Analysing the last 5-days average volume posted by the [SmartRent Inc, SMRT], we can find that recorded value of 2.19 million was better than the volume posted last year of 1.38 million. As of the previous 9 days, the stock’s Stochastic %D was 4.48%. Additionally, its Average True Range was 0.13.
During the past 100 days, SmartRent Inc’s (SMRT) raw stochastic average was set at 1.84%, which indicates a significant decrease from 2.59% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 83.37% in the past 14 days, which was higher than the 59.91% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.2322, while its 200-day Moving Average is $2.6739. Now, the first resistance to watch is $1.4433. This is followed by the second major resistance level at $1.5067. The third major resistance level sits at $1.5533. If the price goes on to break the first support level at $1.3333, it is likely to go to the next support level at $1.2867. Should the price break the second support level, the third support level stands at $1.2233.
SmartRent Inc (NYSE: SMRT) Key Stats
Market capitalization of the company is 279.30 million based on 201,828K outstanding shares. Right now, sales total 236,840 K and income totals -34,590 K. The company made 50,490 K in profit during its latest quarter, and -7,690 K in sales during its previous quarter.
