Smith Micro Software Inc. (NASDAQ:SMSI) went up by 13.42% from its latest closing price compared to the recent 1-year high of $7.15. The company’s stock price has collected 15.38% of gains in the last five trading sessions. Press Release reported on 01/07/21 that Smith Micro to Present at the 23(rd) Annual Needham Growth Conference on January 12, 2021
Is It Worth Investing in Smith Micro Software Inc. (NASDAQ :SMSI) Right Now?
Smith Micro Software Inc. (NASDAQ:SMSI) scored a price-to-earnings ratio above its average ratio, recording 35.09 x from its present earnings ratio. Plus, the 36-month beta value for SMSI is at 0.75.
SMSI currently public float of 33.76M and currently shorts hold a 2.83% ratio of that float. Today, the average trading volume of SMSI was 427.49K shares.
SMSI’s Market Performance
SMSI stocks went up by 15.38% for the week, with a monthly jump of 6.38% and a quarterly performance of 57.89%, while its annual performance rate touched 28.76%. The volatility ratio for the week stands at 5.91% while the volatility levels for the past 30 days are set at 5.39% for Smith Micro Software Inc.. The simple moving average for the period of the last 20 days is 10.25% for SMSI stocks with a simple moving average of 35.52% for the last 200 days.
Analysts’ Opinion of SMSI
Many brokerage firms have already submitted their reports for SMSI stocks, with Lake Street repeating the rating for SMSI by listing it as a “Buy.” The predicted price for SMSI in the upcoming period, according to Lake Street is $7 based on the research report published on October 19th of the previous year 2020.
B. Riley FBR, on the other hand, stated in their research note that they expect to see SMSI reach a price target of $5. The rating they have provided for SMSI stocks is “Buy” according to the report published on July 19th, 2019.
SMSI Trading at 16.58% from the 50-Day Moving Average
After a stumble in the market that brought SMSI to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -16.08% of loss for the given period.
Volatility was left at 5.39%, however, over the last 30 days, the volatility rate increased by 5.91%, as shares surge +2.21% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +46.70% upper at present.
During the last 5 trading sessions, SMSI rose by +15.38%, which changed the moving average for the period of 200-days by +42.18% in comparison to the 20-day moving average, which settled at $5.45. In addition, Smith Micro Software Inc. saw 10.70% in overturn over a single year, with a tendency to cut further gains.
Reports are indicating that there were more than several insider trading activities at SMSI starting from Huffmyer Timothy C., who sale 20,000 shares at the price of $5.19 back on Nov 19. After this action, Huffmyer Timothy C. now owns 268,598 shares of Smith Micro Software Inc., valued at $103,800 using the latest closing price.
gulko samuel, the Director of Smith Micro Software Inc., sale 10,000 shares at $5.14 during a trade that took place back on Nov 18, which means that gulko samuel is holding 94,250 shares at $51,401 based on the most recent closing price.
Stock Fundamentals for SMSI
Current profitability levels for the company are sitting at:
- +23.76 for the present operating margin
- +90.02 for the gross margin
The net margin for Smith Micro Software Inc. stands at +24.74. The total capital return value is set at 27.02, while invested capital returns managed to touch 28.58. Equity return is now at value 13.40, with 10.60 for asset returns.
Based on Smith Micro Software Inc. (SMSI), the company’s capital structure generated 14.37 points at debt to equity in total, while total debt to capital is 12.56. Total debt to assets is 11.39, with long-term debt to equity ratio resting at 11.86. Finally, the long-term debt to capital ratio is 10.37.
When we switch over and look at the enterprise to sales, we see a ratio of 2.91, with the company’s debt to enterprise value settled at 0.06. The receivables turnover for the company is 4.81 and the total asset turnover is 1.00. The liquidity ratio also appears to be rather interesting for investors as it stands at 6.99.