Smith Micro Software (NASDAQ:SMSI) Stock Price Crosses Above 200 Day Moving Average – Here’s Why

Smith Micro Software, Inc. (NASDAQ:SMSI – Get Free Report)’s stock price passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $1.25 and traded as high as $1.40. Smith Micro Software shares last traded at $1.31, with a volume of 280,979 shares. [...]

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Smith Micro Software, Inc. ( NASDAQ:SMSI – Get Free Report )’s stock price passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $1.

25 and traded as high as $1.40. Smith Micro Software shares last traded at $1.



31, with a volume of 280,979 shares. Analysts Set New Price Targets SMSI has been the subject of a number of recent analyst reports. StockNews.

com downgraded Smith Micro Software from a “hold” rating to a “sell” rating in a report on Saturday, December 21st. Benchmark restated a “buy” rating and set a $5.00 target price on shares of Smith Micro Software in a research report on Thursday, November 14th.

Check Out Our Latest Report on SMSI Smith Micro Software Trading Down 5.8 % Institutional Investors Weigh In On Smith Micro Software An institutional investor recently bought a new position in Smith Micro Software stock. Virtu Financial LLC bought a new position in shares of Smith Micro Software, Inc.

( NASDAQ:SMSI – Free Report ) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 37,961 shares of the software maker’s stock, valued at approximately $39,000. Virtu Financial LLC owned approximately 0.

32% of Smith Micro Software as of its most recent filing with the Securities and Exchange Commission. Institutional investors and hedge funds own 20.80% of the company’s stock.

About Smith Micro Software ( Get Free Report ) 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. Featured Stories Five stocks we like better than Smith Micro Software How to Calculate Stock Profit Work and Play: Investing in the Rise of Bleisure Travel Which Wall Street Analysts are the Most Accurate? Top Dividend Stocks to Buy Now as Bond Yields Could Lower 3 Ways To Invest In Coffee, Other Than Drinking It SAP: AI Tailwinds Accelerating Enterprise Cloud Business Receive News & Ratings for Smith Micro Software Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Smith Micro Software and related companies with MarketBeat.

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