On Friday, SmartRent Inc (NYSE: SMRT) opened lower -9.69% from the last session, before settling in for the closing price of $1.96. Price fluctuations for SMRT have ranged from $1.17 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 17.65% at the time writing. With a float of $171.54 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 33.63%, operating margin of -13.49%, and the pretax margin is -12.75%.
SmartRent Inc (SMRT) Insider Updates
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 10.92%, 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) Performance Highlights and Predictions
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
Check out the current performance indicators for SmartRent Inc (SMRT). In the past quarter, the stock posted a quick ratio of 2.78. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.54.
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)
SmartRent Inc (NYSE: SMRT) saw its 5-day average volume 2.02 million, a positive change from its year-to-date volume of 1.44 million. As of the previous 9 days, the stock’s Stochastic %D was 85.22%. Additionally, its Average True Range was 0.12.
During the past 100 days, SmartRent Inc’s (SMRT) raw stochastic average was set at 43.17%, which indicates a significant decrease from 62.71% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 84.34% in the past 14 days, which was higher than the 68.73% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.6604, while its 200-day Moving Average is $2.1532. Nevertheless, the first resistance level for the watch stands at $1.9167 in the near term. At $2.0633, the stock is likely to face the second major resistance level. The third major resistance level sits at $2.1367. If the price goes on to break the first support level at $1.6967, it is likely to go to the next support level at $1.6233. Assuming the price breaks the second support level, the third support level stands at $1.4767.
SmartRent Inc (NYSE: SMRT) Key Stats
There are currently 192,569K shares outstanding in the company with a market cap of 307.81 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 40,510 K and its income totaled -9,920 K.