On Monday, SmartRent Inc (NYSE: SMRT) was -4.76% drop from the session before settling in for the closing price of $1.47. A 52-week range for SMRT has been $1.17 – $3.12.
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Annual sales at Technology sector company grew by 67.80% over the past five years. When this article was written, the company’s average yearly earnings per share was at 17.65%. With a float of $170.44 million, this company’s outstanding shares have now reached $192.97 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
Also, it is sometimes useful to examine the sentiment of large-scale investors toward SmartRent Inc stocks. The insider ownership of SmartRent Inc is 11.49%, while institutional ownership is 58.75%. 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
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0 per share during the current fiscal year.
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
You can see what SmartRent Inc (SMRT) is doing with its current performance indicators. In the most recent 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 1.35.
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 0.99 million, a positive change from its year-to-date volume of 0.77 million. As of the previous 9 days, the stock’s Stochastic %D was 13.64%. Additionally, its Average True Range was 0.08.
During the past 100 days, SmartRent Inc’s (SMRT) raw stochastic average was set at 28.05%, which indicates a significant increase from 2.91% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 47.42% in the past 14 days, which was lower than the 53.53% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.6630, while its 200-day Moving Average is $1.9306. Nevertheless, the first resistance level for the watch stands at $1.4433 in the near term. At $1.4866, the stock is likely to face the second major resistance level. The third major resistance level sits at $1.5132. If the price goes on to break the first support level at $1.3734, it is likely to go to the next support level at $1.3468. Assuming the price breaks the second support level, the third support level stands at $1.3035.
SmartRent Inc (NYSE: SMRT) Key Stats
There are 192,569K outstanding shares of the company, which has a market capitalization of 269.60 million. As of now, sales total 236,840 K while income totals -34,590 K. Its latest quarter income was 40,510 K while its last quarter net income were -9,920 K.
