The stock market performance of Smith Micro Software, Inc. has been fairly unsteady. Over the last year, the company’s stock hit its highest at $14.96 on 08/30/23, while the lowest price during the same time frame was $1.88, recorded on 04/16/24.
52-week price history of SMSI Stock
A stock’s 52-week high and low prices can reveal a great deal about its present condition and potential future performance. Smith Micro Software, Inc.’s current trading price is -82.22% away from its 52-week high, while its distance from the 52-week low is 41.31%. The stock’s price range during this period has fluctuated between $1.88 and $14.96. Shares of the company, which operates in the Technology sector, recorded a trading volume of around 0.69 million for the day, which was evidently higher than the average daily volume of 54930.0 over the last three months.
Financial Performance and Market Capitalization
Smith Micro Software, Inc. (SMSI) has experienced a quarterly decline of -56.60% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 25.54M and boasts a workforce of 231 employees.
Moving average and trading volume data
Based on Barchart.com data, the company’s moving average over the 100-day period was 4.9636, with a change in price of -3.0920. Similarly, Smith Micro Software, Inc. recorded 55,829 in trading volume during the last 100 days, posting a change of -54.13%.
SMSI Debt-to-equity ratio analysis
The debt-to-equity (D/E) ratio is a valuable metric that offers insight into a company’s financial health and standing in the market. This ratio is calculated by dividing a company’s current total liabilities by its shareholders’ equity. The D/E ratio illustrates the extent of debt a company is utilizing to support its assets in relation to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for SMSI stands at 0.04. Similarly, the long-term debt-to-equity ratio is also 0.02.
SMSI Stock Stochastic Average
Smith Micro Software, Inc.’s raw stochastic average for the past 50 days is currently at 14.14%. This represents a fall from the raw stochastic average of the last 20 days, which was recorded at 65.48%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 25.51% and 11.56%, respectively.
SMSI Stock Price Performance Analysis
The stock price performance this year has been a mixed bag, which means people have different opinions about whether it’s been good or bad. Some may see it as optimistic, while others may view it as pessimistic. This year’s metric has recorded a Price decrease of -59.75%. However, over the past six months, we’ve seen a stronger performance of -72.06%. The price of SMSI leaped by -3.98% over the last 30 days. And in the last five days, it has surged by 12.71%.
