SmartRent Inc (NYSE: SMRT) is -56.74% lower on its value in year-to-date trading and has touched a low of $1.39 and a high of $3.64 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The SMRT stock was last observed hovering at around $1.42 in the last trading session, with the day’s loss setting it -0.04%.
Currently trading at $1.38, the stock is -33.91% and -38.74% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.8 million and changing -2.82% at the moment leaves the stock -48.49% off its SMA200. SMRT registered -59.05% loss for a year compared to 6-month loss of -54.30%.
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The stock witnessed a -42.50% gain in the last 1 month and extending the period to 3 months gives it a -42.50%, and is -15.85% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 8.23% over the week and 6.12% over the month.
SmartRent Inc (SMRT) has around 526 employees, a market worth around $279.30M and $217.36M in sales. Profit margin for the company is -10.73%. Distance from 52-week low is -0.72% and -62.09% from its 52-week high. The company has generated returns on investments over the last 12 months (-7.08%).
with sales reaching $67.26M over the same period.The EPS is expected to grow by 45.10% this year, but quarterly earnings will post 8.40% year-over-year. Quarterly sales are estimated to grow 15.80% in year-over-year returns.
SmartRent Inc (SMRT) Top Institutional Holders
The shares outstanding are 203.33M, and float is at 174.81M with Short Float at 6.19%.
SmartRent Inc (SMRT) Insider Activity
SmartRent Inc disclosed in a document filed with the SEC on Dec 14 ’23 that Beard Alana (Director) sold a total of 3,000 shares of the company’s common stock. The trade occurred on Dec 14 ’23 and was made at $3.32 per share for $9960.0. Following the transaction, the insider now directly holds 67412.0 shares of the SMRT stock.
Still, SEC filings show that on Nov 20 ’23, STROHM BRUCE C (Director) acquired 44,000 shares at an average price of $2.98 for $0.13 million. The insider now directly holds 226,561 shares of SmartRent Inc (SMRT).
