Smith Micro Software, Inc (NASDAQ: SMSI) established initial surge of 4.61% at $0.86, before settling in for the price of $0.83 at the close. Taking a more long-term approach, SMSI posted a 52-week range of $0.52-$7.52.
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It was noted that the giant of the Technology sector posted annual sales growth of 12.88% over the last 5 years. Meanwhile, its Annual Earning per share during the time was -21.69%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -93.75%. This publicly-traded company’s shares outstanding now amounts to $17.74 million, simultaneously with a float of $14.02 million. The organization now has a market capitalization sitting at $15.34 million. At the time of writing, stock’s 50-day Moving Average stood at $0.9080, while the 200-day Moving Average is $1.9481.
Smith Micro Software, Inc (SMSI) Ownership Facts and Figures
Sometimes it is also beneficial to study the sentiment of large-scale investors towards the stock of the Smith Micro Software, Inc industry. Smith Micro Software, Inc’s current insider ownership accounts for 20.93%, in contrast to 4.99% institutional ownership. According to the most recent insider trade that took place on Mar 13 ’24, this organization’s VP, CFO and Treasurer sold 4,804 shares at the rate of 0.35, making the entire transaction reach 1,681 in total value, affecting insider ownership by 407,973. Preceding that transaction, on Mar 13 ’24, Company’s President & CEO sold 11,651 for 0.35, making the whole transaction’s value amount to 4,078. This particular insider is now the holder of 673,262 in total.
Smith Micro Software, Inc (SMSI) Earnings and Revenue Records
Smith Micro Software, Inc’s EPS decrease for this current 12-month fiscal period is -93.75% and is forecasted to reach -0.03 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 10.75% through the next 5 years, which can be compared against the -21.69% growth it accomplished over the previous five years trading on the market.
Smith Micro Software, Inc (NASDAQ: SMSI) Trading Performance Indicators
Let’s observe the current performance indicators for Smith Micro Software, Inc (SMSI). It’s Quick Ratio in the last reported quarter now stands at 1.00. The Stock has managed to achieve an average true range (ATR) of 0.08. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.63.
In the same vein, SMSI’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -5.21, a figure that is expected to reach -0.11 in the next quarter, and analysts are predicting that it will be -0.03 at the market close of one year from today.
Technical Analysis of Smith Micro Software, Inc (SMSI)
Now, what If we examine the latest scores posted by [Smith Micro Software, Inc, SMSI]. During the last 5-days, its volume was lower the volume of 1.13 million it reported in year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 71.90% While, its Average True Range was 0.0753.
Raw Stochastic average of Smith Micro Software, Inc (SMSI) in the period of the previous 100 days is set at 16.80%, which indicates a major fall in contrast to 66.94% 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 84.73% that was lower than 172.54% volatility it exhibited in the past 100-days period.
