On Monday, SmartRent Inc (NYSE: SMRT) was 1.18% up from the session before settling in for the closing price of $1.69. A 52-week range for SMRT has been $1.35 – $3.64.
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During the last 5-year period, the sales growth of Technology Sector giant was 67.80%. When this article was written, the company’s average yearly earnings per share was at 45.10%. With a float of $174.80 million, this company’s outstanding shares have now reached $203.33 million.
Let’s determine the extent of company efficiency that accounts for 526 employees. In terms of profitability, gross margin is 30.94%, operating margin of -11.58%, and the pretax margin is -10.73%.
SmartRent Inc (SMRT) Breakdown of a Key Holders of the stock
Also, it is sometimes useful to examine the sentiment of large-scale investors toward SmartRent Inc stocks. The insider ownership of SmartRent Inc is 13.63%, while institutional ownership is 61.15%. The most recent insider transaction that took place on Aug 19 ’24, was worth 2,016,000. Before that another transaction happened on Aug 09 ’24, when Company’s Former Officer proposed sale 750,000 for $1.42, making the entire transaction worth $1,065,000.
SmartRent Inc (SMRT) Recent Fiscal highlights
Going through the last 3-months fiscal report unveiled on the 6/30/2024, it has been observed that the corporation posted -0.04 earnings per share (EPS) during the time that was better than consensus figure (set at -0.04) by 0. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.02 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
You can see what SmartRent Inc (SMRT) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 2.67. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.59. Likewise, its price to free cash flow for the trailing twelve months is 84.83.
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)
Looking closely at SmartRent Inc (NYSE: SMRT), its last 5-days average volume was 1.42 million, which is a jump from its year-to-date volume of 1.4 million. As of the previous 9 days, the stock’s Stochastic %D was 85.92%. Additionally, its Average True Range was 0.12.
During the past 100 days, SmartRent Inc’s (SMRT) raw stochastic average was set at 22.09%, which indicates a significant decrease from 91.14% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 85.20% in the past 14 days, which was higher than the 65.82% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.0818, while its 200-day Moving Average is $2.6301. However, in the short run, SmartRent Inc’s stock first resistance to watch stands at $1.7567. Second resistance stands at $1.8033. The third major resistance level sits at $1.8617. If the price goes on to break the first support level at $1.6517, it is likely to go to the next support level at $1.5933. Now, if the price goes above the second support level, the third support stands at $1.5467.
SmartRent Inc (NYSE: SMRT) Key Stats
There are 201,828K outstanding shares of the company, which has a market capitalization of 346.09 million. As of now, sales total 236,840 K while income totals -34,590 K. Its latest quarter income was 48,520 K while its last quarter net income were -4,610 K.
