SMX (Security Matters) Public (NASDAQ:SMX) Stock Rating Lowered by Wall Street Zen

SMX (Security Matters) Public (NASDAQ:SMX) was downgraded by Wall Street Zen from a “sell” rating to a “strong sell” rating in a report issued on Saturday.

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of SMX (Security Matters) Public in a research report on Wednesday, June 24th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, SMX (Security Matters) Public has a consensus rating of “Sell”.

SMX (Security Matters) Public Price Performance

Shares of SMX stock opened at $17.33 on Friday. The company’s 50-day simple moving average is $13.15 and its two-hundred day simple moving average is $226.85. SMX has a one year low of $12.51 and a one year high of $191,736.45. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.59 and a current ratio of 4.20.

SMX (Security Matters) Public (NASDAQ:SMX) last posted its quarterly earnings results on Friday, July 17th. The company reported ($76.00) earnings per share for the quarter.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in SMX. Engineers Gate Manager LP bought a new stake in shares of SMX (Security Matters) Public in the 4th quarter valued at about $227,000. HRT Financial LP bought a new position in shares of SMX (Security Matters) Public during the fourth quarter valued at approximately $303,000. Finally, Geode Capital Management LLC bought a new position in shares of SMX (Security Matters) Public during the fourth quarter valued at approximately $98,000. Hedge funds and other institutional investors own 15.74% of the company’s stock.

SMX (Security Matters) Public Company Profile

Security Matters Public Ltd. (NASDAQ: SMX) is a cybersecurity company specializing in hardware-enforced security solutions designed to protect computing systems and connected devices against physical and supply-chain attacks. The company’s patented approach embeds security primitives directly into hardware, offering a layer of protection that traditional software-only defenses cannot provide. By leveraging these hardware-based security elements, Security Matters aims to safeguard critical assets such as cryptographic keys, passwords and system integrity in a wide range of applications.

The company’s flagship product, VANA, comprises a suite of IP blocks and development tools that semiconductor vendors and original equipment manufacturers (OEMs) can integrate into system-on-chip (SoC) designs.