SMX (Security Matters) Public (NASDAQ:SMX) Upgraded at Wall Street Zen

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

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

SMX (Security Matters) Public Stock Down 1.2%

Shares of NASDAQ SMX opened at $15.80 on Friday. The stock’s 50-day simple moving average is $15.71 and its two-hundred day simple moving average is $142.06. SMX has a twelve month low of $12.51 and a twelve month high of $54,204.33. 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 Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. HRT Financial LP bought a new stake in SMX (Security Matters) Public during the fourth quarter worth about $303,000. Engineers Gate Manager LP purchased a new position in shares of SMX (Security Matters) Public in the 4th quarter worth about $227,000. Finally, Geode Capital Management LLC bought a new position in shares of SMX (Security Matters) Public during the 4th quarter valued at about $98,000. 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.