Smith Micro Software, Inc (NASDAQ: SMSI) is -80.79% lower on its value in year-to-date trading and has touched a low of $0.52 and a high of $7.52 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 SMSI stock was last observed hovering at around $1.26 in the last trading session, with the day’s gains setting it 0.01%.
Currently trading at $1.27, the stock is 45.98% and 48.90% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.33 million and changing 0.79% at the moment leaves the stock -22.52% off its SMA200. SMSI registered -80.31% loss for a year compared to 6-month loss of -43.07%. The firm has a 50-day simple moving average (SMA 50) of $0.8482 and a 200-day simple moving average (SMA200) of $1.6482.
The stock witnessed a 66.58% gain in the last 1 month and extending the period to 3 months gives it a 35.67%, and is 27.32% up 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 21.38% over the week and 14.34% over the month.
Smith Micro Software, Inc (SMSI) has around 231 employees, a market worth around $22.71M and $24.18M in sales. Profit margin for the company is -210.99%. Distance from 52-week low is 144.18% and -83.11% from its 52-week high. The company has generated returns on investments over the last 12 months (-129.31%).
The EPS is expected to shrink by -93.75% this year
32.0 institutions hold shares in Smith Micro Software, Inc (SMSI), with institutional investors hold 18.14% of the company’s shares. The shares outstanding are 17.74M, and float is at 14.03M with Short Float at 2.55%. Institutions hold 14.34% of the Float.
Smith Micro Software, Inc (SMSI) Insider Activity
The most recent transaction is an insider sale by Kempton James M, the company’s VP, CFO and Treasurer. SEC filings show that Kempton James M sold 437 shares of the company’s common stock on Dec 16 ’24 at a price of $0.79 per share for a total of $345.0. Following the sale, the insider now owns 70329.0 shares.
Still, SEC filings show that on Dec 03 ’24, SMITH WILLIAM W JR (President & CEO) disposed off 7,066 shares at an average price of $0.78 for $5512.0. The insider now directly holds 3,194,533 shares of Smith Micro Software, Inc (SMSI).
