SMX (Security Matters) Public (NASDAQ:SMX) Posts Earnings Results

SMX (Security Matters) Public (NASDAQ:SMX) issued its earnings results on Friday. The company reported ($76.00) earnings per share for the quarter, FiscalAI reports.

SMX (Security Matters) Public Trading Down 4.0%

Shares of NASDAQ:SMX opened at $16.52 on Friday. The company has a fifty day simple moving average of $11.78 and a 200 day simple moving average of $282.93. The company has a debt-to-equity ratio of 0.02, a quick ratio of 0.59 and a current ratio of 0.59. SMX has a 12-month low of $12.51 and a 12-month high of $191,736.45.

Analyst Ratings Changes

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of SMX (Security Matters) Public in a research report on Wednesday, June 24th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company currently has an average rating of “Sell”.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in SMX. Geode Capital Management LLC bought a new stake in shares of SMX (Security Matters) Public in the 4th quarter worth about $98,000. Engineers Gate Manager LP acquired a new position in SMX (Security Matters) Public during the 4th quarter valued at about $227,000. Finally, HRT Financial LP bought a new position in SMX (Security Matters) Public in the 4th quarter worth about $303,000. 15.74% of the stock is owned by institutional investors and hedge funds.

SMX (Security Matters) Public Company Profile

Security Matters Public Ltd. (NASDAQ: SMX) is a cybersecurity company specializing in hardware-enforced security solutions designed to protect computing systems and connected devices against physical and supply-chain attacks. The company’s patented approach embeds security primitives directly into hardware, offering a layer of protection that traditional software-only defenses cannot provide. By leveraging these hardware-based security elements, Security Matters aims to safeguard critical assets such as cryptographic keys, passwords and system integrity in a wide range of applications.

The company’s flagship product, VANA, comprises a suite of IP blocks and development tools that semiconductor vendors and original equipment manufacturers (OEMs) can integrate into system-on-chip (SoC) designs.