SMX (Security Matters) Plc (NASDAQ:SMX) traded at $0.38 at close of the session on current trade day and made a downward move of -18.79% on its previous day’s price.
Looking at the stock we see that its previous close was $0.46 and the beta (5Y monthly) reads -1.931 with the day’s price range being $0.3673 – $0.4255. The company has a trailing 12-month PE ratio of 0.01. In terms of its 52-week price range, SMX has a high of $46.21 and a low of $0.18. The company’s stock has gained about 26.40% over that past 30 days.
SMX (Security Matters) Plc has a market cap of $3.25 million and is expected to release its quarterly earnings report in February.
On the other hand, looking at the outlook for the SMX stock, short term indicators assign the stock an average of Hold, while medium term indicators assign it an average of 50% Sell.
Looking further, we note the current price level is 0.42% off its SMA20 and 8.25% from its 50-day simple moving average. The RSI (14) is pointing at 47.11 while the volatility over the past week is 23.94% and jumps to 33.37% over the past one month. The beta value is -2.73, while the average true range (ATR) is currently pointing at 0.14.
The insiders hold 0.74% of the company’s shares while institutions hold 10.96%. The data shows that short shares as of 2024-12-13, stood at 3.61 million at a short ratio of 0.06. This represents a 4229.00 short interest in shares outstanding on 2024-12-13. Shares short rose in December from the previous month at 0.22 million. Investors should be excited about this stock as its upside potential is great, with current price pushing the stock -36.24% down in year-to-date price movement.
