Schmitt Industries, Inc. (SMIT) to Release Earnings on Thursday
Schmitt Industries (NASDAQ:SMIT) last issued its quarterly earnings data on Friday, July 14th. The scientific and technical instruments company reported ($0.14) earnings per share for the quarter. The business had revenue of $3.65 million during the quarter. Schmitt Industries had a negative return on equity of 14.53% and a negative net margin of 8.66%.
Schmitt Industries, Inc. (NASDAQ SMIT) opened at 1.85 on Tuesday. The company has a 50 day moving average of $1.76 and a 200-day moving average of $1.73. The stock’s market cap is $5.54 million. Schmitt Industries, Inc. has a 12-month low of $1.40 and a 12-month high of $2.09.
Separately, ValuEngine upgraded Schmitt Industries from a “hold” rating to a “buy” rating in a research report on Thursday, September 7th.
Schmitt Industries Company Profile
Schmitt Industries, Inc designs, manufactures and sells test and measurement products for two main business segments: the Balancer segment and the Measurement segment. The Company operates through two segments: the design and assembly of dynamic balancing systems and components for the machine tool industry (Balancer), and the design and assembly of laser-based test and measurement systems (Measurement).
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