Smith Micro Software (NASDAQ:SMSI) Cut to “Sell” at StockNews.com

StockNews.com downgraded shares of Smith Micro Software (NASDAQ:SMSI) from a hold rating to a sell rating in a research report sent to investors on Tuesday morning.

Smith Micro Software Price Performance

Shares of Smith Micro Software stock opened at $0.90 on Tuesday. The firm has a market cap of $10.65 million, a price-to-earnings ratio of -0.17 and a beta of 0.73. The stock’s 50-day moving average is $0.87 and its 200-day moving average is $1.61. Smith Micro Software has a one year low of $0.52 and a one year high of $7.52.

About Smith Micro Software

Smith Micro Software, Inc engages in the development and sale of software to enhance the mobile experience to wireless and cable service providers in the Americas, Europe, the Middle East, and Africa. The company offers SafePath Family, SafePath IoT, SafePath Home, and SafePath Premium product suite, which provides tools to protect digital lifestyles and manage connected devices inside and outside the home; and CommSuite, a messaging platform that helps mobile service provides deliver a next-generation voicemail experience to mobile subscribers, as well as enables multi-language voice-to-text (VTT) transcription messaging.