SmartRent Inc (NYSE:SMRT) shares, rose in value on Wednesday, July 09, with the stock price down by -5.50% to the previous day’s close as strong demand from buyers drove the stock to $1.03.
Actively observing the price movement in the last trading, the stock closed the session at $1.09, falling within a range of $1.01 and $1.09. The value of beta (5-year monthly) was 1.772. Referring to stock’s 52-week performance, its high was $2.56, and the low was $0.67. On the whole, SMRT has fluctuated by 12.41% over the past month.
With the market capitalization of SmartRent Inc currently standing at about $193.82 million, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-May-07.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that SMRT’s technical picture suggests that short-term indicators denote the stock is a Hold on average. However, medium-term indicators have put the stock in the category of 50% Sell while long-term indicators on average have been pointing out that it is a 50% Sell.
The stock’s technical analysis shows that the price of SMRT currently trading nearly 6.84% and 13.19% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 58.29, while the 7-day volatility ratio is showing 6.96% which for the 30-day chart, stands at 7.22%. Furthermore, SmartRent Inc (SMRT)’s beta value is 1.81.
A comparison of SmartRent Inc (SMRT) with its peers suggests the former has fared considerably weaker in the market. SMRT showed an intraday change of -5.50% in last session, and over the past year, it shrunk by -41.14%%.
Data on historical trading for SmartRent Inc (NYSE:SMRT) indicates that the trading volumes over the past 10 days have averaged 4.74 and over the past 3 months, they’ve averaged 2.67 million. According to company’s latest data on outstanding shares, there are 191.75 million shares outstanding.
Nearly 14.11% of SmartRent Inc’s shares belong to company insiders and institutional investors own 63.12% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 8.11 million shares as on 2025-06-13, resulting in a short ratio of 4.4. According to the data, the short interest in SmartRent Inc (SMRT) stood at 435.00 of shares outstanding as of 2025-06-13; the number of short shares registered in 2025-05-15 reached 7.71 million. The stock has fallen by -56.17% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the SMRT stock heading into the next quarter.
