A new trading day began on Tuesday, with Smith Micro Software, Inc (NASDAQ: SMSI) stock price up 13.95% from the previous day of trading, before settling in for the closing price of $0.88. SMSI’s price has ranged from $0.52 to $7.52 over the past 52 weeks.
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A company in the Technology sector has jumped its sales by 12.88% annually for the last half of the decade. Meanwhile, its annual earnings per share averaged -93.75%. With a float of $14.03 million, this company’s outstanding shares have now reached $17.74 million.
In an organization with 231 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 52.62%, operating margin of -109.53%, and the pretax margin is -210.28%.
Smith Micro Software, Inc (SMSI) Insider and Institutional Ownership
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 Smith Micro Software, Inc is 20.89%, while institutional ownership is 4.99%. The most recent insider transaction that took place on Dec 16 ’24, was worth 345. Before that another transaction happened on Dec 03 ’24, when Company’s President & CEO sold 7,066 for $0.78, making the entire transaction worth $5,512. This insider now owns 3,194,533 shares in total.
Smith Micro Software, Inc (SMSI) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.05 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -93.75% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 10.75% during the next five years compared to -21.69% drop over the previous five years of trading.
Smith Micro Software, Inc (NASDAQ: SMSI) Trading Performance Indicators
Here are Smith Micro Software, Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.00. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.73.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -5.21, a number that is poised to hit -0.11 in the next quarter and is forecasted to reach -0.03 in one year’s time.
Technical Analysis of Smith Micro Software, Inc (SMSI)
Let’s dig in a bit further. During the last 5-days, its volume was 0.35 million. That was inferior than the volume of 1.08 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 70.45%. Additionally, its Average True Range was 0.09.
During the past 100 days, Smith Micro Software, Inc’s (SMSI) raw stochastic average was set at 23.27%, which indicates a significant decrease from 80.26% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 106.55% in the past 14 days, which was lower than the 176.16% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $0.8507, while its 200-day Moving Average is $1.6876. However, in the short run, Smith Micro Software, Inc’s stock first resistance to watch stands at $1.1124. Second resistance stands at $1.2277. The third major resistance level sits at $1.3754. If the price goes on to break the first support level at $0.8494, it is likely to go to the next support level at $0.7017. The third support level lies at $0.5864 if the price breaches the second support level.
Smith Micro Software, Inc (NASDAQ: SMSI) Key Stats
With a market capitalization of 17.69 million, the company has a total of 11,857K Shares Outstanding. Currently, annual sales are 40,860 K while annual income is -24,400 K. The company’s previous quarter sales were 4,650 K while its latest quarter income was -6,370 K.
