SMX (Security Matters) Plc (NASDAQ: SMX)’s stock price has dropped by -16.76 in relation to previous closing price of 3.40. Nevertheless, the company has seen a loss of -14.76% in its stock price over the last five trading days. accesswire.com reported 2024-09-25 that MIAMI, FL / ACCESSWIRE / September 25, 2024 / It’s becoming much more challenging to argue against the case of global climate change. In fact, in many ways, those who were accused of being alarmists less than a decade ago are now revered as timely forecasters of an escalating climate crisis that needs tending sooner rather than later.
Is It Worth Investing in SMX (Security Matters) Plc (NASDAQ: SMX) Right Now?
The stock has a 36-month beta value of -2.09.
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On September 27, 2024, the average trading volume of SMX was 1.42M shares.
SMX’s Market Performance
SMX stock saw a decrease of -14.76% in the past week, with a monthly decline of -11.84% and a quarterly a decrease of -72.13%. The volatility ratio for the week is 13.95%, and the volatility levels for the last 30 days are 25.57% for SMX (Security Matters) Plc (SMX). The simple moving average for the past 20 days is -12.00% for SMX’s stock, with a -82.98% simple moving average for the past 200 days.
SMX Trading at -25.83% 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 -99.01% of loss for the given period.
Volatility was left at 25.57%, however, over the last 30 days, the volatility rate increased by 13.95%, as shares sank -3.41% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -60.03% lower at present.
During the last 5 trading sessions, SMX fell by -14.76%, which changed the moving average for the period of 200-days by -96.37% in comparison to the 20-day moving average, which settled at $3.21. In addition, SMX (Security Matters) Plc saw -94.69% 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 bad 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.
