SCHMID Group (NASDAQ:SHMD) Downgraded to Sell Rating by Wall Street Zen

SCHMID Group (NASDAQ:SHMD) was downgraded by Wall Street Zen from a “hold” rating to a “sell” rating in a note issued to investors on Saturday.

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of SCHMID Group in a research report on Tuesday, February 17th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, SCHMID Group presently has an average rating of “Sell”.

SCHMID Group Stock Performance

Shares of NASDAQ SHMD opened at $5.95 on Friday. SCHMID Group has a fifty-two week low of $2.00 and a fifty-two week high of $10.65. The company’s 50 day simple moving average is $7.74 and its 200 day simple moving average is $5.64.

SCHMID Group (NASDAQ:SHMD) last released its earnings results on Friday, February 13th. The company reported ($1.02) EPS for the quarter. The business had revenue of $15.71 million for the quarter.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. FNY Investment Advisers LLC acquired a new stake in SCHMID Group in the fourth quarter worth $31,000. TENOR CAPITAL MANAGEMENT Co. L.P. bought a new stake in shares of SCHMID Group in the 3rd quarter valued at $40,000. Jane Street Group LLC acquired a new stake in SCHMID Group during the 4th quarter worth $106,000. HRT Financial LP bought a new position in SCHMID Group during the fourth quarter worth about $130,000. Finally, XTX Topco Ltd acquired a new position in SCHMID Group in the fourth quarter valued at about $137,000. Institutional investors and hedge funds own 46.03% of the company’s stock.

SCHMID Group Company Profile

Schmid Group AG is a global engineering and manufacturing company specializing in flexible packaging and barrier coating technologies for a range of industries. The company’s core offerings include turnkey coating, metallization and extrusion lamination lines designed to enhance the functional performance of films and substrates used in food, pharmaceutical and medical packaging applications. Schmid Group’s expertise also encompasses process engineering, product development and on-site support services, enabling clients to optimize production efficiency and sustainability in high-volume manufacturing environments.

In addition to its barrier technologies, Schmid Group provides modular solutions for thin-film coating, printing, slitting and winding, as well as machinery for flat glass finishing such as washing, sanding and patterning.