Smith Micro Software Coverage Initiated by Analysts at HC Wainwright (SMSI)
In other Smith Micro Software news, CFO Andrew C. Schmidt sold 25,000 shares of the stock on the open market in a transaction dated Wednesday, July 9th. The shares were sold at an average price of $1.15, for a total transaction of $28,750.00. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.
Shares of Smith Micro Software (NASDAQ:SMSI) opened at 1.00 on Friday. Smith Micro Software has a 1-year low of $0.66 and a 1-year high of $2.69. The stock’s 50-day moving average is $0.94 and its 200-day moving average is $1.47. The company’s market cap is $38.6 million.
Smith Micro Software (NASDAQ:SMSI) last posted its quarterly earnings results on Thursday, May 8th. The company reported ($0.07) earnings per share for the quarter, missing the analysts’ consensus estimate of ($0.05) by $0.02. The company had revenue of $8.40 million for the quarter, compared to the consensus estimate of $9.79 million. On average, analysts predict that Smith Micro Software will post $-0.12 earnings per share for the current fiscal year.
Smith Micro Software, Inc (NASDAQ:SMSI) designs, develops and markets software products and services for the mobile computing and communications industries.
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