SMX (Security Matters) Public (NASDAQ:SMX) Stock Rating Lowered by Wall Street Zen

SMX (Security Matters) Public (NASDAQ:SMX) was downgraded by analysts at Wall Street Zen to a “strong sell” rating in a research report issued on Saturday.

SMX (Security Matters) Public Price Performance

Shares of SMX stock opened at $4.91 on Friday. The company has a quick ratio of 0.21, a current ratio of 0.21 and a debt-to-equity ratio of 0.02. SMX has a fifty-two week low of $4.70 and a fifty-two week high of $5,889.24. The stock’s 50-day moving average is $19.36 and its two-hundred day moving average is $46.32.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in SMX (Security Matters) Public stock. XTX Topco Ltd purchased a new position in shares of SMX (Security Matters) Public Limited Company (NASDAQ:SMX) in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 77,195 shares of the company’s stock, valued at approximately $46,000. XTX Topco Ltd owned approximately 74.95% of SMX (Security Matters) Public as of its most recent filing with the SEC. Hedge funds and other institutional investors own 15.74% of the company’s stock.

SMX (Security Matters) Public Company Profile

SMX (Security Matters) Public Limited Company, through its subsidiaries, engages in the development and commercialization of track and trace technologies for various industries. It owns and commercializes technology to mark various objects, such as solid, liquid, or gas allowing identification, circularity, proof of authenticity, tracking supply chain movements, and quality assurance.