Taking On Challenges And Growing? – SmartRent Inc (SMRT)

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. Most recently, Yahoo Finance reported about the stock as it publicized that Concerned Stockholder Urges SmartRent Leadership to Address Strategy, Communication, and Governance Matters.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Stocks Info

This NYSE-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 $2.90 and fluctuated between $2.9700 as its day high and $2.8000 as its day low. The current market capitalization of SmartRent Inc is $589.16M. A total of 1.12 million shares were traded on the day, compared to an average of 1.09M shares.

Insider Activity

Insider trades can also provide insight into a stock’s future direction. During the recent three months, SMRT has seen 3 BUY and 3 SELL insider trades, representing the acquisition of 1,947 and the disposition of 816 shares. Over the last 12 months, there were 109 BUYs and 100 SELLs from insiders. Insiders purchased 679,009 shares during that period but sold 213,795.

In the most recent transaction, Beard Alana sold 3,000 shares of SMRT for 3.32 per share on Dec 14. After the transaction, the Director now owns 67,412 company shares. In a previous transaction on Nov 20, STROHM BRUCE C bought 44,000 shares at 2.98 per share. SMRT shares that Director owns now total 226,561.

Among the insiders who bought shares, STROHM BRUCE C acquired of 41,149 shares on Nov 17 at a per-share price of $2.85. This resulted in the Director holding 182,561 shares of SMRT after the transaction. In another insider transaction, DeRose-Wilson Isaiah sold 65,067 shares at $3.23 per share on Jun 16. Company shares held by the Chief Technology Officer now total 5,339.

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, SMRT has a high of $4.12 and a low of $2.15.

As of this writing, SMRT has an earnings estimate of -$0.01 per share for the current quarter. EPS was calculated based on a consensus of 6 estimates, with a high estimate of $0 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. SMRT’s latest balance sheet shows that the firm has $430.84M in Cash & Short Term Investments as of fiscal 2021. There were $4.82M in debt and $70.57M in liabilities at the time. Its Book Value Per Share was $1.69, while its Total Shareholder’s Equity was $449.50M.

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 SMRT is Buy with a score of 4.33.

Most Popular

Related Posts