SMX (Security Matters) Public (NASDAQ:SMX) Releases Earnings Results

SMX (Security Matters) Public (NASDAQ:SMX) issued its earnings results on Friday. The company reported ($76.00) EPS for the quarter, FiscalAI reports.

SMX (Security Matters) Public Trading Down 4.0%

Shares of NASDAQ:SMX traded down $0.69 during midday trading on Friday, reaching $16.52. 19,237 shares of the company’s stock were exchanged, compared to its average volume of 66,502. SMX has a fifty-two week low of $12.51 and a fifty-two week high of $191,736.45. The firm’s 50 day simple moving average is $11.45 and its two-hundred day simple moving average is $284.81. The company has a quick ratio of 0.59, a current ratio of 0.59 and a debt-to-equity ratio of 0.02.

Analyst Ratings Changes

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

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the stock. HRT Financial LP purchased a new stake in shares of SMX (Security Matters) Public in the 4th quarter valued at approximately $303,000. Engineers Gate Manager LP acquired a new position in shares of SMX (Security Matters) Public in the 4th quarter worth approximately $227,000. Finally, Geode Capital Management LLC purchased a new position 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.