SMTC Corporation (SMTX) CEO Purchases $17,290.00 in Stock
SMTC Corporation (NASDAQ:SMTX) CEO Edward J. Smith purchased 13,300 shares of SMTC Corporation stock in a transaction that occurred on Wednesday, August 9th. The stock was acquired at an average price of $1.30 per share, with a total value of $17,290.00. Following the transaction, the chief executive officer now owns 61,700 shares in the company, valued at $80,210. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.
SMTC Corporation (NASDAQ SMTX) traded up 6.56% during mid-day trading on Wednesday, reaching $1.30. 53,590 shares of the company traded hands. The stock’s market capitalization is $21.86 million. The firm’s 50-day moving average is $1.26 and its 200 day moving average is $1.31. SMTC Corporation has a 52-week low of $1.10 and a 52-week high of $1.68.
SMTC Corporation (NASDAQ:SMTX) last released its quarterly earnings data on Tuesday, May 16th. The technology company reported ($0.10) EPS for the quarter. The business had revenue of $33.18 million during the quarter. SMTC Corporation had a negative return on equity of 25.34% and a negative net margin of 4.70%. On average, equities research analysts expect that SMTC Corporation will post $0.53 earnings per share for the current year.
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SMTC Corporation Company Profile
SMTC Corporation (SMTC) is a provider of electronics manufacturing services (EMS). The Company’s manufacturing services include product design and sustaining engineering services, printed circuit board assembly (PCBA), production, enclosure fabrication, systems integration and testing services, configuration to order, build to order and direct order fulfillment.
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