SmartRent Inc (NYSE: SMRT) on Tuesday, soared 2.99% from the previous trading day, before settling in for the closing price of $1.34. Within the past 52 weeks, SMRT’s price has moved between $1.17 and $3.11.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
During the last 5-year period, the sales growth of Technology Sector giant was 67.80%. The company achieved an average annual earnings per share of 17.65%. With a float of $170.44 million, this company’s outstanding shares have now reached $192.97 million.
Let’s determine the extent of company efficiency that accounts 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) Breakdown of a Key Holders of the stock
Observing investor behavior towards Software – Application industry stocks is more important than anything else. The insider ownership of SmartRent Inc is 11.49%, while institutional ownership is 58.48%. 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) Recent Fiscal highlights
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
SmartRent Inc (SMRT) is currently performing well based on its current performance indicators. A quick ratio of 2.78 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.33.
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)
Looking closely at SmartRent Inc (NYSE: SMRT), its last 5-days average volume was 0.89 million, which is a jump from its year-to-date volume of 0.79 million. As of the previous 9 days, the stock’s Stochastic %D was 12.27%. Additionally, its Average True Range was 0.08.
During the past 100 days, SmartRent Inc’s (SMRT) raw stochastic average was set at 25.61%, which indicates a significant increase from 16.13% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 44.17% in the past 14 days, which was lower than the 53.73% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.6392, while its 200-day Moving Average is $1.9023. However, in the short run, SmartRent Inc’s stock first resistance to watch stands at $1.4167. Second resistance stands at $1.4533. The third major resistance level sits at $1.4967. If the price goes on to break the first support level at $1.3367, it is likely to go to the next support level at $1.2933. Now, if the price goes above the second support level, the third support stands at $1.2567.
SmartRent Inc (NYSE: SMRT) Key Stats
Market capitalization of the company is 265.74 million based on 192,569K outstanding shares. Right now, sales total 236,840 K and income totals -34,590 K. The company made 40,510 K in profit during its latest quarter, and -9,920 K in sales during its previous quarter.
