The stock of SMX (Security Matters) Plc (SMX) has gone up by 2.31% for the week, with a 5.61% rise in the past month and a -57.19% drop in the past quarter. The volatility ratio for the week is 13.04%, and the volatility levels for the past 30 days are 11.10% for SMX. The simple moving average for the last 20 days is -1.74% for SMX stock, with a simple moving average of -85.38% for the last 200 days.
Is It Worth Investing in SMX (Security Matters) Plc (NASDAQ: SMX) Right Now?
The stock has a 36-month beta value of -2.17.
The public float for SMX is 8.74M, and at present, short sellers hold a 4.79% of that float. On May 10, 2024, the average trading volume of SMX was 4.47M shares.
SMX) stock’s latest price update
SMX (Security Matters) Plc (NASDAQ: SMX) has seen a rise in its stock price by 10.00 in relation to its previous close of 0.14. However, the company has experienced a 2.31% gain in its stock price over the last five trading sessions.
SMX Trading at -4.07% from the 50-Day Moving Average
After a stumble in the market that brought SMX to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -99.62% of loss for the given period.
Volatility was left at 11.10%, however, over the last 30 days, the volatility rate increased by 13.04%, as shares surge +5.02% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -30.97% lower at present.
During the last 5 trading sessions, SMX rose by +2.31%, which changed the moving average for the period of 200-days by -95.04% in comparison to the 20-day moving average, which settled at $0.1537. In addition, SMX (Security Matters) Plc saw -78.78% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for SMX
The liquidity ratio also appears to be rather interesting for investors as it stands at 0.04.
Conclusion
To sum up, SMX (Security Matters) Plc (SMX) has seen a mixed performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
