SMX (Security Matters) Public (NASDAQ:SMX) Shares Scheduled to Reverse Split on Monday, November 9th

SMX (Security Matters) Public Limited Company (NASDAQ:SMX – Free Report) shares are going to reverse split on the morning of Monday, November 9th. The 1-2.8 reverse split was recently announced. The number of shares owned by shareholders will be adjusted after the closing bell on Sunday, November 8th.

SMX (Security Matters) Public Stock Performance

Shares of NASDAQ SMX opened at $1.18 on Thursday. The stock’s 50-day moving average is $8.49 and its two-hundred day moving average is $110.89. SMX has a 1-year low of $1.15 and a 1-year high of $46,360.50.

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

Analysts Set New Price Targets

A number of analysts recently weighed in on SMX shares. Wall Street Zen upgraded shares of SMX (Security Matters) Public from a “strong sell” rating to a “sell” rating in a research note on Saturday, August 8th. Weiss Ratings reiterated a “sell (e+)” rating on shares of SMX (Security Matters) Public in a research note on Monday, September 21st. One research analyst has rated the stock with a Sell rating. Based on data from MarketBeat, the stock presently has an average rating of “Sell”.

Read Our Latest Stock Report on SMX

About SMX (Security Matters) Public

(Get Free Report)

SMX (Security Matters) Public Limited Company develops technology designed to identify, track and authenticate physical materials throughout their life cycles. Its platform uses proprietary molecular markers that can be incorporated into materials and detected later, helping businesses establish product provenance and maintain records as goods move through supply chains.

The company’s technology is intended for use across a range of materials, including metals, plastics, rubber, textiles, liquids and other industrial products.

Recommended Stories

• Five stocks we like better than SMX (Security Matters) Public
• How Much of Tesla’s Robotaxi Future Is Already Priced In?
• 3 AI Infrastructure Plays Beyond Chipmakers
• Keurig Dr Pepper’s Beverage Growth Raises a Tough Question About Its Coffee Split
• Why ExxonMobil and Chevron Reminded Investors to Keep it Simple

Receive News & Ratings for SMX (Security Matters) Public Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SMX (Security Matters) Public and related companies with MarketBeat.com's FREE daily email newsletter.