After Hours
There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Recently, Yahoo Finance discussed the stock, revealing that Smith Micro Schedules Teleconference to Announce Fourth Quarter and Fiscal Year 2023 Financial Results.
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Stocks Info
This NASDAQ-listed company operates within the Software – Application industry segment, falling under the Technology sector. At the end of the last regular session, the stock closed at $0.81 and fluctuated between $0.8500 as its day high and $0.7505 as its day low. The current market capitalization of Smith Micro Software, Inc. is $58.31M. A total of 0.35 million shares were traded on the day, compared to an average of 275.43K shares.
Insider Activity
Insider trades can also provide insight into a stock’s future direction. During the recent three months, SMSI has seen 0 BUY and 2 SELL insider trades, representing the acquisition of 0 and the disposition of 5,125 shares. Over the last 12 months, there were 9 BUYs and 23 SELLs from insiders. Insiders purchased 467,995 shares during that period but sold 136,670.
In the most recent transaction, SMITH WILLIAM W JR sold 6,952 shares of SMSI for 0.77 per share on Jan 23. After the transaction, the President & CEO now owns 353,559 company shares. In a previous transaction on Jan 23, Kempton James M sold 2,293 shares at 0.77 per share. SMSI shares that VP, CFO and Treasurer owns now total 234,664.
Among the insiders who sold shares, SMITH WILLIAM W JR disposed of 17,660 shares on Dec 01 at a per-share price of $0.67. This resulted in the President & CEO holding 439,168 shares of SMSI after the transaction. In another insider transaction, Kempton James M sold 6,780 shares at $0.67 per share on Dec 01. Company shares held by the VP, CFO and Treasurer now total 238,830.
Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. In terms of 52-week highs and lows, SMSI has a high of $3.32 and a low of $0.65.
As of this writing, SMSI has an earnings estimate of -$0.02 per share for the current quarter. EPS was calculated based on a consensus of 3 estimates, with a high estimate of -$0.01 per share and a lower estimate of -$0.03.
Balance Sheet Annually/Quarterly
In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. SMSI’s latest balance sheet shows that the firm has $16.08M in Cash & Short Term Investments as of fiscal 2021. There were $5.87M in debt and $9.37M in liabilities at the time. Its Book Value Per Share was $1.09, while its Total Shareholder’s Equity was $100.56M.
Analysts Opinion
The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 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 5.00.
