Schmitt Industries, Inc. (NASDAQ:SMIT – Get Rating) passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $1.92 and traded as low as $0.03. Schmitt Industries shares last traded at $0.19, with a volume of 13,676 shares traded.
Schmitt Industries Stock Up 392.2 %
The company has a 50 day simple moving average of $0.41 and a two-hundred day simple moving average of $1.92. The company has a quick ratio of 0.44, a current ratio of 0.69 and a debt-to-equity ratio of 27.12. The company has a market capitalization of $735,300.00, a P/E ratio of -0.22 and a beta of 0.86.
Get Schmitt Industries alerts:Institutional Investors Weigh In On Schmitt Industries
An institutional investor recently bought a new position in Schmitt Industries stock. Virtu Financial LLC bought a new stake in shares of Schmitt Industries, Inc. (NASDAQ:SMIT – Get Rating) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 16,177 shares of the scientific and technical instruments company's stock, valued at approximately $33,000. Virtu Financial LLC owned 0.42% of Schmitt Industries at the end of the most recent reporting period. Institutional investors own 35.34% of the company's stock.
Schmitt Industries Company Profile
(Get Rating)Schmitt Industries, Inc designs, manufactures and markets measurement and process control systems. It operates through the following segments: Measurement and Ice Cream. The Measurement segment designs, manufactures and sells high precision test and measurement products. The Ice Cream segment invests in creamery manufacturing and consumer retailing.
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