News headlines about Smith Micro Software (NASDAQ:SMSI) have trended somewhat positive this week, Accern reports. The research group identifies positive and negative news coverage by reviewing more than twenty million blog and news sources in real time. 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 0.23 on Accern’s scale. Accern also assigned news stories about the software maker an impact score of 47.0577579429576 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
These are some of the news stories that may have impacted Accern’s scoring:
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Short Interest in Smith Micro Software (SMSI) Increases By 51.9% (americanbankingnews.com) Smith Micro Software’s (SMSI) CEO Bill Smith on Q1 2018 Results – Earnings Call Transcript (seekingalpha.com) Smith Micro Software (SMSI) Reports Q1 Loss of $0.10 (streetinsider.com) Smith Micro Reports First Quarter 2018 Financial Results (finance.yahoo.com) Smith Micro announces above market USD 7.0m private placement offering (financial-news.co.uk)
Separately, ValuEngine upgraded shares of Smith Micro Software from a “sell” rating to a “hold” rating in a report on Friday, February 2nd.
Shares of Smith Micro Software stock traded down $0.06 on Monday, hitting $1.77. The stock had a trading volume of 352,900 shares, compared to its average volume of 185,660. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.65 and a current ratio of 1.65. Smith Micro Software has a one year low of $1.76 and a one year high of $1.85.
Smith Micro Software (NASDAQ:SMSI) last issued its earnings results on Wednesday, March 14th. The software maker reported ($0.05) earnings per share (EPS) for the quarter. Smith Micro Software had a negative return on equity of 110.26% and a negative net margin of 29.68%. The firm had revenue of $5.73 million during the quarter.
Smith Micro Software Company Profile
Smith Micro Software, Inc develops and sells software solutions to simplify and enhance the mobile experience to wireless service providers, device manufacturers, and enterprise businesses in the Americas, Europe, the Middle East, Africa, the Asia Pacific. It operates through two segments, Wireless and Graphics.