Investors’ outlook regarding the stock price performance over the year has been split, with some feeling optimistic and others feeling pessimistic, as it’s been a mixed bag. Year to date metric has recorded a loss of -89.00%.However, over the last six months, we can see a stronger performance of -67.11%. Over the last 30 days, the price of SMSI has leaped by -7.84%. And in the last five days, it has fallen by -12.03%.
Smith Micro Software, Inc experienced a somewhat shaky performance in the stock market. The company’s stock reached a 1-year high of $7.52 on 01/31/24, while the lowest price for the same period was registered at $0.52 on 09/16/24.
52-week price history of SMSI Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Smith Micro Software, Inc’s current trading price is -90.33% away from its 52-week high, while its distance from the 52-week low is 39.76%. The stock’s price range during this period has varied between$0.52 and $7.52. The Smith Micro Software, Inc’s shares, which operate in the Technology, saw a trading volume of around 0.58 million for the day, a figure considerably lower than their average daily volume of 3.77 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Smith Micro Software, Inc (SMSI) has experienced a quarterly rise of 27.91% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 12.90M and boasts a workforce of 231 employees.
Combining Moving Average and Trading Volume Data for Better Market Insight
Based on Barchart.com data, the company’s moving average over the 100-day period was 1.0847, with a change in price of -1.6431. Similarly, Smith Micro Software, Inc recorded 2,465,872 in trading volume during the last 100 days, posting a change of -69.33%.
SMSI’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look
The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for SMSI stands at 0.08. Similarly, the long-term debt-to-equity ratio is also 0.05.
SMSI Stock Stochastic Average
Smith Micro Software, Inc’s raw stochastic average for the past 50 days is presently 4.48%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 11.55%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 35.29% and 51.31%, respectively.
