Schmitt Industries, Inc. (NASDAQ:SMIT – Get Free Report) shares crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $0.02 and traded as low as $0.0150. Schmitt Industries shares last traded at $0.0150, with a volume of 670 shares changing hands.
Schmitt Industries Stock Performance
The company’s 50 day simple moving average is $0.02 and its 200 day simple moving average is $0.02.
About Schmitt Industries
Schmitt Industries, Inc is a publicly traded company on the Nasdaq under the symbol SMIT that specializes in the design, manufacture and distribution of electronic control and monitoring systems for industrial, municipal and commercial markets. Headquartered in Tampa, Florida, the company operates through three primary business segments: telemetry, refrigeration controls and industrial controls. Its product offerings are engineered to enhance operational efficiency, reliability and data visibility across a diverse set of applications.
In its telemetry segment, Schmitt Industries provides remote monitoring and control solutions for water and wastewater pumping stations, oil and gas pipelines and other critical infrastructure.
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