Schmitt Industries trades as part of the technology sector and is part of the computer hardware industry. Schmitt Industries Inc is a U.S based company engaged in designing, manufacturing and selling test and measurement products for two business segments: The Balancer segment and the Measurement segment.



Previous Intraday Performance:

The SMIT shares had a previous change of -3.57% which opened at 2.24 and closed at 2.17. It moved to an intraday high of 2.19 and a low of 2.16.

SeekingAlpha:  Schmitt Industries reports Q3 results

Historical Performance:

Over the last five trading days, SMIT shares returned -2.14% and in the past 30 trading days it returned -5.49%. Over three months, it changed -19.71%. In one year it has changed 6.67% and within that year its 52-week high was 4.12 and its 52-week low was 2.00. SMIT stock is 8.50% above its 52 Week Low.

Our calculations result in a 200 day moving average of 2.65 and a 50 day moving average of 2.35. Right now, SMIT stock is trading -18.17% below its 200 day moving average and may not be a great opportunity to buy as it may continue to trend down.

SeekingAlpha:  Schmitt Industries reports Q3 results

Liquidity:

The company has a market cap of $8.7m with 4.0m shares outstanding and a float of 3.1m shares. Trading volume was 2,780 shares and has experienced an average volume of 7,110 shares. Our calculation, using the current average volume and close price, leads me to believe that the liquidity is bad, highly speculative and an investor may want to avoid this stock.

Earnings:

The last annual reported EPS for Schmitt Industries was 0.06 which ended on 31st of May 2018, which according to the previous close, that is a PE of 36.00.

The next earnings report will be: 05-20-2019

The growth of the EPS is critical in understanding the current valuation of Schmitt Industries; it is usually expressed as a percentage and is then referred to as the EPS growth rate, which at this time is hard to estimate, but revenue growth has been -21.40% over the last twelve months.

Indicators Also to Watch:

Based on the latest filings, there is 30.10% of institutional ownership.



I calculated the beta to be 0.59

Business Wire:  SEACOR Marine Announces First Quarter 2019 Results

Fundamental Numbers:

Based on last reported financials, the company’s return on equity is -8.24%, return on assets is -6.88%, profit margin is -5.27%, price-to-sales is 0.64 and price-to-book is 1.02.

Company Score Card:

Results are out of six:
 0  : Growth Expectations Result
 5  : Financial Safety Result
 0  : Past Performance Result
 1  : Valuation Result
 0  : Dividend Safety Result
 1  : Overall Result

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Jake McWilliams
I am an independent trader, analyst and algorithmic trading expert, having worked both for the sell side (brokerage) and the buy side (fund administration). I have been trading professionally for about 20 years. I trade stocks and forex and I play both long and short positions in underlying asset or through options. I have experience with discretionary and fully automated systems (Metatrader and Quantshare).

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