Smith Micro Software, Inc (NASDAQ:SMSI) shares, rose in value on Wednesday, June 18, with the stock price down by -0.01% to the previous day’s close as strong demand from buyers drove the stock to $0.89.
Actively observing the price movement in the last trading, the stock closed the session at $0.89, falling within a range of $0.84 and $0.9048. The value of beta (5-year monthly) was 0.689. Referring to stock’s 52-week performance, its high was $2.57, and the low was $0.52. On the whole, SMSI has fluctuated by 0.18% over the past month.
With the market capitalization of Smith Micro Software, Inc currently standing at about $17.31 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 SMSI’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of 100% 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 SMSI currently trading nearly 3.77% and -1.75% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 49.93, while the 7-day volatility ratio is showing 3.58% which for the 30-day chart, stands at 4.34%. Furthermore, Smith Micro Software, Inc (SMSI)’s beta value is 0.69, and its average true range (ATR) is 0.07.
A comparison of Smith Micro Software, Inc (SMSI) with its peers suggests the former has fared considerably weaker in the market. SMSI showed an intraday change of -0.01% in last session, and over the past year, it shrunk by -60.37%%.
Data on historical trading for Smith Micro Software, Inc (NASDAQ:SMSI) indicates that the trading volumes over the past 10 days have averaged 0.11 and over the past 3 months, they’ve averaged 129.65K. According to company’s latest data on outstanding shares, there are 19.46 million shares outstanding.
Nearly 24.66% of Smith Micro Software, Inc’s shares belong to company insiders and institutional investors own 6.62% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 0.16 million shares as on 2025-05-30, resulting in a short ratio of 1.21. According to the data, the short interest in Smith Micro Software, Inc (SMSI) stood at 128.00 of shares outstanding as of 2025-05-30; the number of short shares registered in 2025-04-30 reached 0.26 million. The stock has fallen by -31.94% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the SMSI stock heading into the next quarter.