In the past week, SMX stock has gone up by 12.66%, with a monthly decline of -47.65% and a quarterly plunge of -62.29%. The volatility ratio for the week is 8.01%, and the volatility levels for the last 30 days are 12.16% for SMX (Security Matters) Plc The simple moving average for the past 20 days is -7.44% for SMX’s stock, with a -77.56% simple moving average for the past 200 days.
Is It Worth Investing in SMX (Security Matters) Plc (NASDAQ: SMX) Right Now?
The 36-month beta value for SMX is also noteworthy at -2.08.
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The average trading volume of SMX on October 16, 2024 was 1.39M shares.
SMX) stock’s latest price update
SMX (Security Matters) Plc (NASDAQ: SMX) has experienced a rise in its stock price by 7.66 compared to its previous closing price of 2.48. However, the company has seen a gain of 12.66% in its stock price over the last five trading days. accesswire.com reported 2024-10-10 that MIAMI, FL / ACCESSWIRE / October 10, 2024 / Multinational companies today face unprecedented pressure to comply with stringent sustainability standards, particularly those set by the European Union (EU). And while the current regulations are tough, the worst is yet to come.
SMX Trading at -15.29% 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 -98.50% of loss for the given period.
Volatility was left at 12.16%, however, over the last 30 days, the volatility rate increased by 8.01%, as shares sank -28.99% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -17.85% lower at present.
During the last 5 trading sessions, SMX rose by +12.66%, which changed the moving average for the period of 200-days by -95.95% in comparison to the 20-day moving average, which settled at $2.88. In addition, SMX (Security Matters) Plc saw -94.99% 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
In summary, SMX (Security Matters) Plc (SMX) has had a bad performance as of late. Analysts have mixed opinions on the stock, with some viewing 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.
