SMX (Security Matters) Plc (NASDAQ: SMX) – Time For Strategy Change?

SMX (Security Matters) Plc (NASDAQ:SMX) currently has a daily average trading volume of 33.29M but it saw 33460452 shares traded in last market. With a market cap of 3.66M USD, the company’s current market price of $0.59 came falling about -28.10 while comparing to the previous closing price of $0.82. In past 52 weeks, the stock remained buoying in the range of price level as high as $53.26 and as low as $0.18. In the recent trading on the day, stock has struck highest price mark of $0.4837 while lowest mark touched by it was $0.6701.

Taking a look at 20-day trading activity of SMX (Security Matters) Plc (SMX) gives us an average price of $0.3514, while its current price level is -98.89% below from 52-week high level whereas it is 226.65% 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 $0.4938 while that of 200 days or SMA-200 reads an average of $5.7459. A closer look into the stock’s movement over the week reveals that its volatility is standing at 52.20% during that period while stretching the period over a month that decreases to 45.49%. 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 56.64 which implies that the stock is in neutral territory.

Over the week, SMX’s stock price is moving 168.00% up while it is 177.98% when we observe its performance for the past one month. Year-to-date it is -98.89% down and over the past year, the stock is showing a downside performance of -98.89%.

Company’s return on investment (ROI) stands at 13.81%. It has a price to earnings ratio (P/E ratio) of 0.01. Stock’s beta reads -2.98. Stock has a price to book (P/B) ratio of 0.04. Its return on asset (ROA) is 4.61% on average.