Smith-Midland (OTCMKTS:SMID) Stock Price Passes Above 50-Day Moving Average of $8.09
Shares of Smith-Midland Co. (OTCMKTS:SMID) crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $8.09 and traded as high as $7.70. Smith-Midland shares last traded at $7.70, with a volume of 2,600 shares traded.
The firm has a market capitalization of $39.50 million, a PE ratio of 19.72 and a beta of 0.73. The firm’s 50 day moving average price is $8.07 and its 200-day moving average price is $8.29. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.58 and a current ratio of 1.89.
Smith-Midland (OTCMKTS:SMID) last posted its earnings results on Thursday, August 8th. The construction company reported $0.05 EPS for the quarter. The business had revenue of $10.85 million during the quarter. Smith-Midland had a return on equity of 10.64% and a net margin of 4.78%.
Smith-Midland Corporation, through its subsidiaries, invents, develops, manufactures, markets, leases, licenses, sells, and installs precast concrete products primarily for use in the construction, highway, utilities, and farming industries in the United States. The company offers Easi-Set SlenderWall lightweight construction panels, which are exterior cladding systems used for the exterior walls of buildings; and Easi-Set Sierra Wall that provides sound and sight barrier for use in highway projects, as well as residential, industrial, and commercial purposes.
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