SmartKem Inc (NASDAQ:SMTK) has seen 1.77 million shares traded in the recent trading session. The company, currently valued at $3.53M, closed the recent trade at $0.8 per share which meant it lost -$0.13 on the day or -13.94%% during that session. The SMTK stock price is -875.0% off its 52-week high price of $7.80 and -15.0% below the 52-week low of $0.92. If we look at the company’s 10-day average daily trading volume, we find that it stood at 43360.0 shares traded. The 3-month trading volume is 68.45K shares.
SmartKem Inc (NASDAQ:SMTK) trade information
Sporting -13.94%% in the red today, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the SMTK stock price touched $0.8 or saw a rise of 29.2%. Year-to-date, SmartKem Inc shares have moved -88.29%, while the 5-day performance has seen it change -29.55%. Over the past 30 days, the shares of SmartKem Inc (NASDAQ:SMTK) have changed -39.69%. Short interest in the company has seen 59461.0 shares shorted with days to cover at 0.75.
SmartKem Inc (SMTK) estimates and forecasts
The company’s shares have lost -74.73% over the past 6 months.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -76.40% over the past 5 years.
SMTK Dividends
SmartKem Inc is expected to release its next earnings report in July this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
SmartKem Inc (NASDAQ:SMTK)’s Major holders
Insiders own 22.64% of the company shares, while shares held by institutions stand at 25.65% with a share float percentage of 33.16%. Investors are also buoyed by the number of investors in a company, with SmartKem Inc having a total of 8.0 institutions that hold shares in the company.