SmartRent Inc (SMRT) poses a Brand-New Opportunity for Investors with beta value of 1.95

SmartRent Inc (NYSE: SMRT) started the day on Wednesday, with a price decrease of -0.60% at $1.67, before settling in for the price of $1.68 at the close. Taking a more long-term approach, SMRT posted a 52-week range of $1.35-$3.57.

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The Technology sector firm’s twelve-monthly sales growth has been 67.80% for the last half of the decade. Nevertheless, stock’s Earnings Per Share (EPS) this year is 45.10%. This publicly-traded company’s shares outstanding now amounts to $203.33 million, simultaneously with a float of $174.77 million. The organization now has a market capitalization sitting at $337.99 million. At the time of writing, stock’s 50-day Moving Average stood at $1.9996, while the 200-day Moving Average is $2.5877.

SmartRent Inc (SMRT) Ownership Facts and Figures

Now let’s turn our focus to how large-scale investors are working with this stock of the Software – Application Industry. SmartRent Inc’s current insider ownership accounts for 13.65%, in contrast to 60.95% institutional ownership. According to the most recent insider trade that took place on Aug 30 ’24, this organization’s Director bought 75,000 shares at the rate of 1.68, making the entire transaction reach 126,135 in total value, affecting insider ownership by 75,000. Preceding that transaction, on Aug 30 ’24, Company’s Chief Marketing Officer bought 14,793 for 1.70, making the whole transaction’s value amount to 25,114. This particular insider is now the holder of 52,305 in total.

SmartRent Inc (SMRT) Earnings and Revenue Records

SmartRent Inc’s EPS increase for this current 12-month fiscal period is 45.10% and is forecasted to reach -0.04 in the upcoming year.

SmartRent Inc (NYSE: SMRT) Trading Performance Indicators

Let’s observe the current performance indicators for SmartRent Inc (SMRT). It’s Quick Ratio in the last reported quarter now stands at 2.67. The Stock has managed to achieve an average true range (ATR) of 0.11. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 1.55. Similarly, its price to free cash flow for trailing twelve months is now 82.84.

In the same vein, SMRT’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.12, a figure that is expected to reach -0.02 in the next quarter, and analysts are predicting that it will be -0.04 at the market close of one year from today.

Technical Analysis of SmartRent Inc (SMRT)

If we take a close look at the recent performances of SmartRent Inc (NYSE: SMRT), its last 5-days Average volume was 1.49 million that shows progress from its year to date volume of 1.4 million. During the previous 9 days, stock’s Stochastic %D was recorded 34.76% While, its Average True Range was 0.1010.

Raw Stochastic average of SmartRent Inc (SMRT) in the period of the previous 100 days is set at 19.63%, which indicates a major fall in contrast to 69.44% 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 52.96% that was lower than 65.55% volatility it exhibited in the past 100-days period.