Now Is A Good Time To Buy SmartKem Inc (NASDAQ: SMTK)

During the last session, SmartKem Inc (NASDAQ:SMTK)’s traded shares were 0.51 million. At the end of the trading day, the stock’s price was $0.99, reflecting an intraday loss of -1.01% or -$0.01. The 52-week high for the SMTK share is $7.80, that puts it down -687.88 from that peak though still a striking 21.21% gain since the share price plummeted to a 52-week low of $0.78. The company’s market capitalization is $4.39M, and the average intraday trading volume over the past 10 days was 0.14 million shares, and the average trade volume was 95.87K shares over the past three months.

SmartKem Inc (NASDAQ:SMTK) trade information

SmartKem Inc (SMTK) registered a -1.01% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -1.01% in intraday trading to $0.99, hitting a weekly high. The stock’s 5-day price performance is -1.99%, and it has moved by -18.19% in 30 days. Based on these gigs, the overall price performance for the year is -65.87%. The short interest in SmartKem Inc (NASDAQ:SMTK) is 47863.0 shares and it means that shorts have 0.51 day(s) to cover.

An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -76.40%.

SMTK Dividends

SmartKem Inc is due to release its next quarterly earnings in August. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

SmartKem Inc (NASDAQ:SMTK)’s Major holders

SmartKem Inc insiders own 22.64% of total outstanding shares while institutional holders control 25.65%, with the float percentage being 33.16%.

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