SmartRent Inc (SMRT) concluded trading on Wednesday at a closing price of $1.65, with 0.44 million shares of worth about $0.73 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -23.26% during that period and on January 08, 2025 the price saw a loss of about -5.17%. Currently the company’s common shares owned by public are about 192.97M shares, out of which, 170.46M shares are available for trading.
Stock saw a price change of -5.71% in past 5 days and over the past one month there was a price change of -10.33%. Year-to-date (YTD), SMRT shares are showing a performance of -5.71% which decreased to -44.07% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $1.17 but also hit the highest price of $3.47 during that period. The average intraday trading volume for SmartRent Inc shares is 1.07 million. The stock is currently trading -3.87% below its 20-day simple moving average (SMA20), while that difference is down -1.65% for SMA50 and it goes to -18.03% lower than SMA200.
SmartRent Inc (NYSE: SMRT) currently have 192.97M outstanding shares and institutions hold larger chunk of about 58.61% of that.
The stock has a current market capitalization of $317.74M and its 3Y-monthly beta is at 1.93. It has posted earnings per share of -$0.13 in the same period. It has Quick Ratio of 2.78 while making debt-to-equity ratio of 0.02. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for SMRT, volatility over the week remained 5.20% while standing at 5.34% over the month.
Stock’s fiscal year EPS is expected to rise by 17.65% while it is estimated to increase by 35.71% in next year.
Coverage by Cantor Fitzgerald stated SmartRent Inc (SMRT) stock as a Neutral in their note to investors on August 08, 2024, suggesting a price target of $2 for the stock. On August 02, 2024, BTIG Research Downgrade their recommendations, while on July 31, 2024, DA Davidson Downgrade their ratings for the stock with a price target of $2. Stock get a Neutral rating from Colliers Securities on July 31, 2024.
