SmartRent Inc (NYSE:SMRT) currently has a daily average trading volume of 1.48M but it saw 1615964 shares traded in last market. With a market cap of 348.11M USD, the company’s current market price of $1.72 came rising about 2.99 while comparing to the previous closing price of $1.67. In past 52 weeks, the stock remained buoying in the range of price level as high as $3.64 and as low as $1.35. In the recent trading on the day, stock has struck highest price mark of $1.675 while lowest mark touched by it was $1.73.
Taking a look at 20-day trading activity of SmartRent Inc (SMRT) gives us an average price of $1.7455, while its current price level is -52.75% below from 52-week high level whereas it is 27.41% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $2.1248 while that of 200 days or SMA-200 reads an average of $2.6458. A closer look into the stock’s movement over the week reveals that its volatility is standing at 8.66% during that period while stretching the period over a month that decreases to 7.66%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 44.24 which implies that the stock is in neutral territory.
Cantor Fitzgerald downgraded its recommendation for the stock as a “Neutral” from “Overweight” on August 08, 2024 while assigning a price target range of $4-$2.
Over the week, SMRT’s stock price is moving 19.44% up while it is -29.80% when we observe its performance for the past one month. Year-to-date it is -46.08% down and over the past year, the stock is showing a downside performance of -48.81%.
Currently, SmartRent Inc’s total number of outstanding shares is 203.33M. Company’s return on investment (ROI) stands at -7.08% and return on equity (ROE) at -6.89%. Stock’s beta reads 1.98. Stock has a price to book (P/B) ratio of 1.06 while price to sale or P/S ratio amounts to 1.60. Its return on asset (ROA) is -4.68% on average.
