Smith Micro Software (SMSI) Given Coverage Optimism Rating of 0.27
News articles about Smith Micro Software (NASDAQ:SMSI) have trended positive on Monday, Accern reports. The research group ranks the sentiment of media coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Smith Micro Software earned a coverage optimism score of 0.27 on Accern’s scale. Accern also gave media stories about the software maker an impact score of 47.7829991016702 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
Separately, ValuEngine upgraded shares of Smith Micro Software from a “strong sell” rating to a “sell” rating in a research report on Friday, June 2nd.
Smith Micro Software (NASDAQ:SMSI) opened at 1.13 on Monday. Smith Micro Software has a 12 month low of $0.80 and a 12 month high of $2.60. The company’s 50 day moving average is $1.20 and its 200-day moving average is $1.17. The company’s market cap is $16.16 million.
Smith Micro Software (NASDAQ:SMSI) last released its quarterly earnings results on Tuesday, August 8th. The software maker reported ($0.06) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.11) by $0.05. Smith Micro Software had a negative net margin of 49.33% and a negative return on equity of 339.18%. The firm had revenue of $5.86 million for the quarter. On average, analysts expect that Smith Micro Software will post ($0.31) earnings per share for the current fiscal year.
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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.
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