SMX (Security Matters) Public (NASDAQ:SMX) Stock Rating Upgraded by Wall Street Zen

SMX (Security Matters) Public (NASDAQ:SMX) was upgraded by stock analysts at Wall Street Zen from a “strong sell” rating to a “sell” rating in a research note issued on Saturday.

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of SMX (Security Matters) Public in a research report on Wednesday, June 24th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company has a consensus rating of “Sell”.

SMX (Security Matters) Public Price Performance

SMX stock opened at $15.99 on Friday. The company’s 50 day moving average price is $15.74 and its 200 day moving average price is $148.63. SMX has a fifty-two week low of $12.51 and a fifty-two week high of $69,054.83. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.59 and a current ratio of 4.20.

SMX (Security Matters) Public (NASDAQ:SMX) last issued its quarterly earnings results on Wednesday, July 1st. The company reported ($76.00) earnings per share (EPS) for the quarter.

Institutional Investors Weigh In On SMX (Security Matters) Public

Several institutional investors have recently added to or reduced their stakes in SMX. HRT Financial LP purchased a new position in SMX (Security Matters) Public in the fourth quarter valued at approximately $303,000. Engineers Gate Manager LP acquired a new stake in SMX (Security Matters) Public during the fourth quarter worth approximately $227,000. Finally, Geode Capital Management LLC purchased a new stake in shares of SMX (Security Matters) Public during the 4th quarter worth approximately $98,000. Hedge funds and other institutional investors own 15.74% of the company’s stock.

SMX (Security Matters) Public Company Profile

Security Matters Public Ltd. (NASDAQ: SMX) is a cybersecurity company specializing in hardware-enforced security solutions designed to protect computing systems and connected devices against physical and supply-chain attacks. The company’s patented approach embeds security primitives directly into hardware, offering a layer of protection that traditional software-only defenses cannot provide. By leveraging these hardware-based security elements, Security Matters aims to safeguard critical assets such as cryptographic keys, passwords and system integrity in a wide range of applications.

The company’s flagship product, VANA, comprises a suite of IP blocks and development tools that semiconductor vendors and original equipment manufacturers (OEMs) can integrate into system-on-chip (SoC) designs.