Smith Micro Software (NASDAQ:SMSI) was upgraded by equities researchers at ValuEngine from a “sell” rating to a “hold” rating in a note issued to investors on Friday.
Smith Micro Software (NASDAQ SMSI) traded down $0.03 during midday trading on Friday, reaching $2.38. 42,181 shares of the company were exchanged, compared to its average volume of 75,317. Smith Micro Software has a 52 week low of $0.80 and a 52 week high of $3.41. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.40 and a quick ratio of 1.40.
COPYRIGHT VIOLATION NOTICE: This piece was first reported by American Banking News and is the sole property of of American Banking News. If you are accessing this piece on another domain, it was stolen and reposted in violation of United States and international copyright and trademark law. The original version of this piece can be viewed at https://www.americanbankingnews.com/2018/02/04/smith-micro-software-smsi-rating-increased-to-hold-at-valuengine.html.
About Smith Micro Software
Smith Micro Software, Inc is a provider of software solutions. The Company operates through two segments: Wireless and Graphics. The Company offers multi-platform, modular solutions organized into three product families, including NetWise, CommSuite and QuickLink. For mobile network operators, NetWise helps reduce cellular congestion and optimize data traffic across third-generation (3G), fourth-generation (4G) and wireless fidelity (Wi-Fi) networks.
To view ValuEngine’s full report, visit ValuEngine’s official website.
Receive News & Ratings for Smith Micro Software Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Smith Micro Software and related companies with MarketBeat.com's FREE daily email newsletter.