Smart for Life Inc. (NASDAQ:SMFL) went down by -7.76% from its latest closing price compared to the recent 1-year high of $3.25. The company’s stock price has collected -10.89% of loss in the last five trading sessions.
Is It Worth Investing in Smart for Life Inc. (NASDAQ :SMFL) Right Now?
The average price from analysts is $8.00, which is $7.61 above the current price. SMFL currently public float of 18.99M and currently shorts hold a 5.70% ratio of that float. Today, the average trading volume of SMFL was 178.44K shares.
SMFL’s Market Performance
SMFL stocks went down by -10.89% for the week, with a monthly drop of -8.39% and a quarterly performance of -27.38%. The volatility ratio for the week stands at 11.91% while the volatility levels for the past 30 days are set at 10.54% for Smart for Life Inc. The simple moving average for the period of the last 20 days is -6.98% for SMFL stocks with a simple moving average of -39.48% for the last 200 days.
SMFL Trading at -6.24% from the 50-Day Moving Average
After a stumble in the market that brought SMFL to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -87.94% of loss for the given period.
Volatility was left at 10.54%, however, over the last 30 days, the volatility rate increased by 11.91%, as shares sank -4.37% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -33.32% lower at present.
During the last 5 trading sessions, SMFL fell by -10.89%, in comparison to the 20-day moving average, which settled at $0.4206. In addition, Smart for Life Inc. saw -85.37% in overturn over a single year, with a tendency to cut further losses.
Reports are indicating that there were more than several insider trading activities at SMFL starting from Altbach Ronald S., who sale 888 shares at the price of $0.44 back on Jun 09. After this action, Altbach Ronald S. now owns 249,112 shares of Smart for Life Inc., valued at $394 using the latest closing price.
Stock Fundamentals for SMFL
Current profitability levels for the company are sitting at:
- -58.09 for the present operating margin
- +24.16 for the gross margin
The net margin for Smart for Life Inc. stands at -86.07.
The liquidity ratio also appears to be rather interesting for investors as it stands at 0.25.