It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. After-hours trades for Smith Micro Software Inc. (SMSI) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.05, or 4.39%, to $1.19. The Smith Micro Software Inc. has recorded 306 volume in the after hours trading session. The stock was recently discussed on Yahoo Finance as it revealed that Smith Micro Reports Fourth Quarter and Fiscal Year 2022 Financial Results.
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Smith Micro Software Inc. is listed on the NASDAQ in the Technology sector while operating in the Software – Application industry. At the end of the last regular session, the stock closed at $1.14 and fluctuated between $1.2583 as its day high and $1.1400 as its day low. The current market capitalization of Smith Micro Software Inc. is $71.63M. A total of 0.55 million shares were traded on the day, compared to an average of 378.85K shares.
Insider trades are also considered as indicators of how a stock will perform in the future, in addition to stock predictions. During the recent three months, SMSI has seen 7 BUY and 4 SELL insider trades, representing the acquisition of 182,112 and the disposition of 46,681 shares. Over the last 12 months, there were 20 BUYs and 18 SELLs from insiders. Insiders purchased 337,505 shares during that period but sold 201,398.
In the most recent transaction, Sharma Chetan bought 1,000 shares of SMSI for 2.70 per share on Sep 16. After the transaction, the Director now owns 19,082 company shares. In a previous transaction on Sep 14, SMITH WILLIAM W JR bought 5,000 shares at 2.59 per share. SMSI shares that President & CEO owns now total 4,864,704.
Among the insiders who bought shares, Kempton James M acquired of 2,500 shares on Sep 13 at a per-share price of $2.60. This resulted in the VP, CFO and Treasurer holding 115,104 shares of SMSI after the transaction. In another insider transaction, CAMPBELL THOMAS G bought 1,700 shares at $2.33 per share on Aug 30. Company shares held by the Director now total 63,700.
Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. According to analysts who have offered 12-month price targets for SMSI in the last 3 months, the mean price target is $3.56 with high estimates of $4.50 and low estimates of $2.25. In terms of 52-week highs and lows, SMSI has a high of $4.18 and a low of $1.14.
As of this writing, SMSI has an earnings estimate of -$0.08 per share for the current quarter. EPS was calculated based on a consensus of 2 estimates, with a high estimate of -$0.08 per share and a lower estimate of -$0.09. The company reported an EPS of -$0.09 in the last quarter, which was -12.50% lower than expectations of -$0.08.
Balance Sheet Annually/Quarterly
As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future prospects by calculating its financial ratios based on this information.
After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Currently, 4 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for SMSI is Buy with a score of 4.60. A total of 4 analysts rated the stock as Buy while 0 rated it as Overweight while 0 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 0 thought it should be Sold.