How to buy Schmitt Industries stock | $3.98

Schmitt Industries Inc is a scientific & technical instruments business based in the US. Schmitt Industries shares (SMIT) are listed on the NASDAQ and all prices are listed in US Dollars. Schmitt Industries employs 138 staff and has a trailing 12-month revenue of around 0.00.

Schmitt Industries stock price (NASDAQ: SMIT)

Use our graph to track the performance of SMIT stocks over time.

Schmitt Industries shares at a glance

• Key figures

Information last updated 2021-10-17.

Latest market close	$3.98
52-week range	$3.61 - $8.27
50-day moving average	$4.34
200-day moving average	$5.38
Wall St. target price	N/A
PE ratio	N/A
Dividend yield	N/A (0%)
Earnings per share (TTM)	$-1.41

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Is it a good time to buy Schmitt Industries stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Schmitt Industries price performance over time

Historical closes compared with the close of $3.98 from 2021-10-18

1 week (2021-10-12)	0.51%
1 month (2021-09-17)	-5.01%
3 months (2021-07-19)	-24.76%
6 months (2021-04-19)	-36.01%

1 year (2020-10-19)	-20.56%
2 years (2019-10-18)	20.74%
3 years (2018-10-19)	43.17%
5 years (2016-10-19)	162.24%

Is Schmitt Industries under- or over-valued?

Valuing Schmitt Industries stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Schmitt Industries's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Schmitt Industries's EBITDA

Schmitt Industries's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $217,052.

The EBITDA is a measure of a Schmitt Industries's overall financial performance and is widely used to measure a its profitability.

Schmitt Industries financials

Revenue TTM	$7.9 million
Gross profit TTM	$3.3 million
Return on assets TTM	-32.21%
Return on equity TTM	-103.3%
Profit margin	-102.86%
Book value	$1.88
Market capitalisation	$14.4 million

TTM: trailing 12 months

Shorting Schmitt Industries shares

There are currently 126,158 Schmitt Industries shares held short by investors – that's known as Schmitt Industries's "short interest". This figure is 222.5% up from 39,122 last month.

There are a few different ways that this level of interest in shorting Schmitt Industries shares can be evaluated.

Schmitt Industries's "short interest ratio" (SIR)

Schmitt Industries's "short interest ratio" (SIR) is the quantity of Schmitt Industries shares currently shorted divided by the average quantity of Schmitt Industries shares traded daily (recently around 82998.684210526). Schmitt Industries's SIR currently stands at 1.52. In other words for every 100,000 Schmitt Industries shares traded daily on the market, roughly 1520 shares are currently held short.

However Schmitt Industries's short interest can also be evaluated against the total number of Schmitt Industries shares, or, against the total number of tradable Schmitt Industries shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Schmitt Industries's short interest could be expressed as 0.01% of the outstanding shares (for every 100,000 Schmitt Industries shares in existence, roughly 10 shares are currently held short) or 0.0124% of the tradable shares (for every 100,000 tradable Schmitt Industries shares, roughly 12 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Schmitt Industries.

Find out more about how you can short Schmitt Industries stock.

Schmitt Industries share dividends

We're not expecting Schmitt Industries to pay a dividend over the next 12 months.

Have Schmitt Industries's shares ever split?

Schmitt Industries's shares were split on a 1:3 basis on 30 December 2002. So if you had owned 3 shares the day before before the split, the next day you'd have owned 1 share. This wouldn't directly have changed the overall worth of your Schmitt Industries shares – just the quantity. However, indirectly, the new 200% higher share price could have impacted the market appetite for Schmitt Industries shares which in turn could have impacted Schmitt Industries's share price.

Schmitt Industries share price volatility

Over the last 12 months, Schmitt Industries's shares have ranged in value from as little as $3.61 up to $8.27. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Schmitt Industries's is 0.9376. This would suggest that Schmitt Industries's shares are less volatile than average (for this exchange).

Schmitt Industries overview

Schmitt Industries, Inc. , together with its subsidiaries, designs, manufactures, and sells test and measurement products worldwide. The company operates through two segments, Measurement and Ice Cream. The Measurement segment designs, manufactures, and sells laser and confocal chromatic white light sensors for distance measurement and dimensional sizing products under the Acuity brand name for various industrial applications, including manufacturing, lumber production, steel casting, glass and paper production, medical imaging, crane control and micron-level part, and surface inspection. It also offers AR550 high speed laser sensor for application in vibration measurements, scanning of roads, vehicle crash tests, and ballistic measurements; AS2100, an accurate distance sensor, used in metal production, transportation industry, process control, and fill level measurement applications; and satellite focused remote tank monitoring products under the Xact brand that measure the fill levels of tanks holding propane, diesel, and other tank-based liquids, as well as related monitoring services, including transmission of fill data from the tanks via satellite to a secure website for display. The Ice Cream segment manufactures, wholesales, and retails ice creams and ice cream cakes, as well as sells through its website; and serves ice cream at catering events and holds various community-building events comprising ice cream classes, and live comedy and music performances through Ample Hills Creamery brand. Schmitt Industries, Inc.

Frequently asked questions

What percentage of Schmitt Industries is owned by insiders or institutions?
Currently 4.814% of Schmitt Industries shares are held by insiders and 34.147% by institutions. How many people work for Schmitt Industries?
Latest data suggests 138 work at Schmitt Industries. When does the fiscal year end for Schmitt Industries?
Schmitt Industries's fiscal year ends in May. Where is Schmitt Industries based?
Schmitt Industries's address is: 2765 N.W. Nicolai Street, Portland, OR, United States, 97210 What is Schmitt Industries's ISIN number?
Schmitt Industries's international securities identification number is: US8068702005 What is Schmitt Industries's CUSIP number?
Schmitt Industries's Committee on Uniform Securities Identification Procedures number is: 806870200