With 0.76 million shares changed hands, the volume of the stock remained lighter than its average volume of 2.65 million shares. During the session, the Biotechnology company that operates in wider Healthcare sector, reached to the highest price of $19.08 whereas the lowest price it dropped to was $18.33. The 52-week range on SMMT shows that it touched its highest point at $33.89 and its lowest point at $2.10 during that stretch. It currently has a 1-year price target of $33.33. Beta for the stock currently stands at -0.90.
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Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of SMMT was up-trending over the past week, with a rise of 2.37%, but this was up by 0.05% over a month. Three-month performance dropped to -16.03% while six-month performance rose 144.66%. The stock gained 702.11% in the past year, while it has gained 628.35% so far this year. A look at the trailing 12-month EPS for SMMT yields -0.28 with Next year EPS estimates of -0.41. For the next quarter, that number is -0.08. This implies an EPS growth rate of 70.62% for this year and -41.13% for next year.
Float and Shares Shorts:
At present, 737.09 million SMMT shares are outstanding with a float of 114.59 million shares on hand for trading. On 2024-11-29, short shares totaled 16.84 million, which was 228.00000000000003 higher than short shares on 1730332800. In addition to Mr. Robert W. Duggan as the firm’s Co-CEO & Executive Chairman, Dr. Mahkam Zanganeh D.D.S., M.B.A. serves as its Co-CEO, President & Director.
Institutional Ownership:
Through their ownership of 0.117510006 of SMMT’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, SMMT reported revenue of $0.0 and operating income of -$58378000.0. The EBITDA in the recently reported quarter was -$58358000.0 and diluted EPS was -$0.08.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for SMMT since 1 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With SMMT analysts setting a high price target of 34.799 and a low target of 17.869, the average target price over the next 12 months is 25.9945. Based on these targets, SMMT could surge 83.15% to reach the target high and fall by -5.95% to reach the target low. Reaching the average price target will result in a growth of 36.81% from current levels.
Analysts have provided yearly estimates in a range of -$0.22974 being high and -$0.23741 being low. For SMMT, this leads to a yearly average estimate of -$0.22974. Based on analyst estimates, the high estimate for the next quarter is -$0.06 and the low estimate is -$0.06. The average estimate for the next quarter is thus -$0.06.
