SCHMID Group N.V. (NASDAQ:SHMD – Get Free Report) Director Anette Schmid bought 69,000 shares of the firm’s stock in a transaction on Sunday, August 30th. The stock was acquired at an average cost of $3.16 per share, with a total value of $218,040.00. Following the completion of the purchase, the director owned 13,749,589 shares of the company’s stock, valued at approximately $43,448,701.24. This trade represents a 0.50% increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink.
SCHMID Group Stock Performance
Shares of SHMD stock opened at $3.01 on Monday. The company’s 50 day moving average price is $4.80 and its two-hundred day moving average price is $5.90. SCHMID Group N.V. has a 52 week low of $2.00 and a 52 week high of $10.65.
SCHMID Group (NASDAQ:SHMD – Get Free Report) last posted its quarterly earnings data on Friday, August 14th. The company reported ($0.46) earnings per share (EPS) for the quarter. The company had revenue of $26.25 million during the quarter.
Hedge Funds Weigh In On SCHMID Group
Wall Street Analyst Weigh In
Separately, Wall Street Zen downgraded shares of SCHMID Group from a “hold” rating to a “sell” rating in a report on Saturday. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, SCHMID Group presently has an average rating of “Sell”.
Get Our Latest Analysis on SHMD
About SCHMID Group
Schmid Group AG is a global engineering and manufacturing company specializing in flexible packaging and barrier coating technologies for a range of industries. The company’s core offerings include turnkey coating, metallization and extrusion lamination lines designed to enhance the functional performance of films and substrates used in food, pharmaceutical and medical packaging applications. Schmid Group’s expertise also encompasses process engineering, product development and on-site support services, enabling clients to optimize production efficiency and sustainability in high-volume manufacturing environments.
In addition to its barrier technologies, Schmid Group provides modular solutions for thin-film coating, printing, slitting and winding, as well as machinery for flat glass finishing such as washing, sanding and patterning.
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