News articles about SMTC (NASDAQ:SMTX) have been trending somewhat negative on Thursday, Accern Sentiment reports. Accern rates the sentiment of media coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. SMTC earned a media sentiment score of -0.11 on Accern’s scale. Accern also assigned press coverage about the technology company an impact score of 44.9256645834729 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Shares of SMTC (NASDAQ SMTX) traded up $0.11 during trading on Thursday, reaching $2.06. The company’s stock had a trading volume of 105,100 shares, compared to its average volume of 60,350. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.82 and a current ratio of 1.44. SMTC has a 52-week low of $1.10 and a 52-week high of $2.09. The firm has a market cap of $32.81, a P/E ratio of -4.68 and a beta of 0.72.
In other SMTC news, CEO Edward J. Smith purchased 25,000 shares of the firm’s stock in a transaction on Tuesday, November 7th. The stock was purchased at an average cost of $1.64 per share, for a total transaction of $41,000.00. Following the acquisition, the chief executive officer now owns 86,700 shares in the company, valued at approximately $142,188. The acquisition was disclosed in a legal filing with the SEC, which is available through this link. Also, major shareholder Red Oak Partners, Llc purchased 27,917 shares of the firm’s stock in a transaction on Tuesday, December 12th. The shares were acquired at an average price of $1.59 per share, with a total value of $44,388.03. The disclosure for this purchase can be found here. Over the last quarter, insiders have acquired 120,117 shares of company stock valued at $195,866. Company insiders own 23.00% of the company’s stock.
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SMTC Company Profile
SMTC Corporation (SMTC) is a provider of electronics manufacturing services (EMS). The Company’s manufacturing services include product design and sustaining engineering services, printed circuit board assembly (PCBA), production, enclosure fabrication, systems integration and testing services, configuration to order, build to order and direct order fulfillment.
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