SMX (Security Matters) Plc (NASDAQ: SMX) Stock Increased 105.38% Last Week – That’s Proof That Its Volatility Isn’t Going Anywhere

SMX (Security Matters) Plc (NASDAQ:SMX) does about 23.11M shares in volume on a normal day but saw 15412426 shares change hands in the recent trading day. The company now has a market cap of 3.40M USD. Its current market price is $0.39, marking a decrease of -19.69% compared to the previous close of $0.49. The 52 week high reached by this stock is $82.50 whilst the lowest price level in 52 weeks is $0.18.

SMX (Security Matters) Plc (SMX) has a 20-day trading average at $0.2689 and the current price is -99.52% off the 52-week high compared with 118.01% distance from its 52-week low. The 50-day simple moving average of the closing price is $1.1818 and its 200-day simple moving average is $6.8160. If we look at the stock’s price movements over the week, volatility stands at 75.42%, which decreases to 28.25% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 42.66 to suggest the stock is neutral.

The current price level is 46.32%, -66.70%, and -94.23% away from its SMA20, SMA50, and SMA200 respectively, with the SMX price moving above the 50-day SMA on current market day. SMX (Security Matters) Plc (SMX) stock is up 105.38% over the week and 26.94% over the past month. Its price is -99.26% year-to-date and -99.50% over the past year.

The company has a return on investment of 13.81%. The price to earnings ratio (P/E ratio) amounts to 0.01. The beta has a value of -2.01. Price to book ratio is 0.02.