On Tuesday, SmartRent Inc (NYSE: SMRT) opened higher 1.73% from the last session, before settling in for the closing price of $1.73. Price fluctuations for SMRT have ranged from $1.35 to $3.47 over the past 52 weeks.
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Annual sales at Technology sector company grew by 67.80% over the past five years. Company’s average yearly earnings per share was noted 41.18% at the time writing. With a float of $180.41 million, this company’s outstanding shares have now reached $203.33 million.
Let’s look at the performance matrix of the company that is accounted 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) Insider and Institutional Ownership
A key investor’s attitude towards the stock of the Software – Application industry is another important factor to consider. The insider ownership of SmartRent Inc is 10.86%, while institutional ownership is 57.74%. The most recent insider transaction that took place on Oct 02 ’24, was worth 3,360,000. Before that another transaction happened on Sep 18 ’24, when Company’s Former officer proposed sale 1,500,000 for $1.79, making the entire transaction worth $2,685,000.
SmartRent Inc (SMRT) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around 41.18% per share during the next fiscal year.
SmartRent Inc (NYSE: SMRT) Trading Performance Indicators
Check out the current performance indicators for SmartRent Inc (SMRT). In the past 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 1.64. Likewise, its price to free cash flow for the trailing twelve months is 87.31.
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 -0.05 in one year’s time.
Technical Analysis of SmartRent Inc (SMRT)
SmartRent Inc (NYSE: SMRT) saw its 5-day average volume 0.87 million, a negative change from its year-to-date volume of 1.42 million. As of the previous 9 days, the stock’s Stochastic %D was 48.59%. Additionally, its Average True Range was 0.08.
During the past 100 days, SmartRent Inc’s (SMRT) raw stochastic average was set at 33.88%, which indicates a significant decrease from 65.62% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 23.57% in the past 14 days, which was lower than the 59.94% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.7060, while its 200-day Moving Average is $2.2761. Nevertheless, the first resistance level for the watch stands at $1.7867 in the near term. At $1.8133, the stock is likely to face the second major resistance level. The third major resistance level sits at $1.8467. If the price goes on to break the first support level at $1.7267, it is likely to go to the next support level at $1.6933. The third support level lies at $1.6667 if the price breaches the second support level.
SmartRent Inc (NYSE: SMRT) Key Stats
There are currently 202,394K shares outstanding in the company with a market cap of 356.21 million. Presently, the company’s annual sales total 236,840 K according to its annual income of -34,590 K. Last quarter, the company’s sales amounted to 48,520 K and its income totaled -4,610 K.
