A new trading day began on Tuesday, with SmartRent Inc (NYSE: SMRT) stock price up 14.20% from the previous day of trading, before settling in for the closing price of $1.62. SMRT’s price has ranged from $1.17 to $3.47 over the past 52 weeks.
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Technology Sector giant saw their annual sales surged by 67.80% over the last five years. Meanwhile, its annual earnings per share averaged 17.65%. With a float of $171.54 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. In terms of profitability, gross margin is 33.63%, operating margin of -13.49%, and the pretax margin is -12.75%.
SmartRent Inc (SMRT) Insider Activity
As we move forward, let’s examine how large-scale investors are investing in this stock of the Software – Application Industry. The insider ownership of SmartRent Inc is 10.92%, while institutional ownership is 58.57%. The most recent insider transaction that took place on Nov 15 ’24, was worth 74,290. In this transaction Director of this company bought 50,000 shares at a rate of $1.49, taking the stock ownership to the 200,000 shares. Before that another transaction happened on Nov 18 ’24, when Company’s Director bought 48,204 for $1.45, making the entire transaction worth $70,016. This insider now owns 248,204 shares in total.
SmartRent Inc (SMRT) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around 17.65% per share during the next fiscal year.
SmartRent Inc (NYSE: SMRT) Trading Performance Indicators
Here are SmartRent Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 2.78. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.78.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.13, a number that is poised to hit -0.03 in the next quarter and is forecasted to reach -0.09 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 2.04 million was better than the volume posted last year of 1.44 million. As of the previous 9 days, the stock’s Stochastic %D was 82.82%. Additionally, its Average True Range was 0.11.
During the past 100 days, SmartRent Inc’s (SMRT) raw stochastic average was set at 48.92%, which indicates a significant decrease from 90.00% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 76.21% in the past 14 days, which was higher than the 67.62% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.6560, while its 200-day Moving Average is $2.1632. Now, the first resistance to watch is $1.9633. This is followed by the second major resistance level at $2.0767. The third major resistance level sits at $2.2533. If the price goes on to break the first support level at $1.6733, it is likely to go to the next support level at $1.4967. Should the price break the second support level, the third support level stands at $1.3833.
SmartRent Inc (NYSE: SMRT) Key Stats
With a market capitalization of 356.25 million, the company has a total of 192,569K Shares Outstanding. Currently, annual sales are 236,840 K while annual income is -34,590 K. The company’s previous quarter sales were 40,510 K while its latest quarter income was -9,920 K.
