In today’s recent session, 0.39 million shares of the SmartKem Inc (NASDAQ:SMTK) were traded. Most recently the company’s share price was $0.96, and it changed around -$0.04 or -3.90% from the last close, which brings the market valuation of the company to $4.26M. SMTK at last check was trading at a discount to its 52-week high of $7.80, offering almost -712.5% off that amount. The share price’s 52-week low was $0.78, which indicates that the recent value has risen by an impressive 18.75% since then. We note from SmartKem Inc’s average daily trading volume that its 10-day average is 0.26 million shares, with the 3-month average coming to 90.06K.

SmartKem Inc (NASDAQ:SMTK) trade information

Instantly SMTK has been showing red trend so far today with a performance of -3.90% on intraday trading today. The performance over the last five days has remained in the red territory. The rise to weekly highs of 1.0600 on recent trading dayincreased the stock’s daily price by 9.43%. The company’s shares are currently down -83.24% year-to-date, but still down -4.85% over the last five days. On the other hand, SmartKem Inc (NASDAQ:SMTK) is -28.28% down in the 30-day period. We can see from the shorts that 47863.0 shares have been sold at a short interest cover period of 0.51 day(s).

Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -76.40%.

SMTK Dividends

SmartKem Inc’s next quarterly earnings report is expected to be released in August.

SmartKem Inc (NASDAQ:SMTK)’s Major holders

Upon looking at major shareholders, it appears that insiders hold 22.64% of SmartKem Inc shares, and 25.65% of them are in the hands of institutional investors. The stock currently has a share float of 33.16%.