SMTP Inc. (SHSP) Lowered to “Sell” at Zacks Investment Research
According to Zacks, “SharpSpring, Inc. provide cloud-based marketing and email software solutions consists of marketing automation to scalable transactional email, email marketing and mobile marketing services. The company’s product lines include SharpSpring, SMTP and GraphicMail. SharpSpring, Inc., formerly known as SMTP Inc., is based in Gainesville, United States. “
SMTP (NASDAQ:SHSP) traded down 2.63% during trading on Tuesday, hitting $5.19. 17,986 shares of the company were exchanged. The company has a market capitalization of $43.33 million, a price-to-earnings ratio of 12.13 and a beta of -3.17. The stock’s 50-day moving average is $5.03 and its 200-day moving average is $4.63. SMTP has a 12 month low of $2.90 and a 12 month high of $6.30.
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In related news, Chairman Semyon Dukach sold 387,149 shares of the stock in a transaction on Thursday, August 18th. The shares were sold at an average price of $5.15, for a total transaction of $1,993,817.35. Following the sale, the chairman now directly owns 2,326,657 shares of the company’s stock, valued at $11,982,283.55. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 47.22% of the company’s stock.
SMTP Company Profile
SharpSpring, Inc, formerly SMTP, Inc, is a cloud-based marketing technology company. The Company’s SharpSpring marketing automation platform uses features, such as Web tracking, lead scoring and automated workflow to enable businesses deliver messages to the customers. The SharpSpring marketing automation solution offers digital marketing tools to small and medium-sized businesses and is primarily sold to marketing agencies using the platform on behalf of their clients.
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