Currently, Smith Micro Software, Inc. [SMSI] is trading at $1.15, up 6.48%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The SMSI shares have gain 11.65% over the last week, with a monthly amount glided 102.36%, and seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
From an analyst’s perspective:
Smith Micro Software, Inc. [NASDAQ: SMSI] stock has seen the most recent analyst activity on November 29, 2022, when The Benchmark Company initiated its Buy rating and assigned the stock a price target of $5. Previously, Dawson James started tracking the stock with Buy rating on August 05, 2021, and set its price target to $11.10. On April 27, 2021, The Benchmark Company initiated with a Buy rating and assigned a price target of $9 on the stock. Lake Street started tracking the stock assigning a Buy rating and suggested a price target of $7 on October 19, 2020. B. Riley FBR initiated its recommendation with a Buy and recommended $5 as its price target on July 19, 2019. Needham downgraded its rating to Hold for this stock on October 19, 2015. In a note dated February 25, 2015, Needham upgraded an Buy rating on this stock but restated the target price of $2.10.
This stock has fluctuated between a low of $0.52 and a high of $10.64 over the last 52 weeks. Smith Micro Software, Inc. [NASDAQ: SMSI] shares were valued at $1.15 at the most recent close of the market.
Analyzing the SMSI fundamentals
Trailing Twelve Months sales for Smith Micro Software, Inc. [NASDAQ:SMSI] were 30.53M which represents -50.28% decline. Gross Profit Margin for this corporation currently stands at 0.53% with Operating Profit Margin at -0.73%, Pretax Profit Margin comes in at -1.62%, and Net Profit Margin reading is -1.63%. To continue investigating profitability, this company’s Return on Assets is posted at -0.94, Equity is -0.83 and Total Capital is -0.49. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.08.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 1.0800 points at the first support level, and at 1.0100 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.2000, and for the 2nd resistance point, it is at 1.2500.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Smith Micro Software, Inc. [NASDAQ:SMSI] is 1.53. As well, the Quick Ratio is 1.53, while the Cash Ratio is 0.75. Considering the valuation of this stock, the price to sales ratio is 0.57, the price to book ratio is 0.28.
Transactions by insiders
Recent insider trading involved Kempton James M, VP, CFO and Treasurer, that happened on Mar 13 ’24 when 4804.0 shares were sold. President & CEO, SMITH WILLIAM W JR completed a deal on Mar 13 ’24 to sell 11651.0 shares. Meanwhile, VP, CFO and Treasurer Kempton James M sold 2293.0 shares on Jan 23 ’24.
