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

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

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

SMX (Security Matters) Public Stock Performance

SMX opened at $17.33 on Friday. SMX has a 12 month low of $12.51 and a 12 month high of $191,736.45. The company has a current ratio of 4.20, a quick ratio of 0.59 and a debt-to-equity ratio of 0.01. The stock has a 50-day moving average of $13.15 and a 200 day moving average of $223.20.

SMX (Security Matters) Public (NASDAQ:SMX) last issued its quarterly earnings data on Friday, July 17th. The company reported ($76.00) earnings per share for the quarter.

Institutional Inflows and Outflows

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

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.