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

Wall Street Zen upgraded shares of SMX (Security Matters) Public (NASDAQ:SMXFree Report) from a strong sell rating to a sell rating in a report published on Saturday.

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of SMX (Security Matters) Public in a report on Wednesday, June 24th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock currently has a consensus rating of “Sell”.

Check Out Our Latest Stock Analysis on SMX (Security Matters) Public

SMX (Security Matters) Public Stock Down 4.8%

NASDAQ:SMX opened at $15.99 on Friday. The firm has a 50-day moving average of $15.74 and a two-hundred day moving average of $154.81. The company has a debt-to-equity ratio of 0.01, a current ratio of 4.20 and a quick ratio of 0.59. SMX has a 1-year low of $12.51 and a 1-year high of $69,054.83.

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

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. Geode Capital Management LLC bought a new stake in shares of SMX (Security Matters) Public in the 4th quarter valued at approximately $98,000. HRT Financial LP bought a new position in SMX (Security Matters) Public during the fourth quarter worth $303,000. Finally, Engineers Gate Manager LP bought a new position in SMX (Security Matters) Public during the fourth quarter worth $227,000. Institutional investors own 15.74% of the company’s stock.

SMX (Security Matters) Public Company Profile

(Get Free Report)

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.

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