Alert: Major Price Decline (2/18/20)-Smith Micro Software Inc (NASDAQ: SMSI).


Smith Micro Software Inc (NASDAQ: SMSI) stock closed at $5.55 on 2/18/20 after a major decline of -10.5%. Moreover, this decline was accompanied by exceptionally high trading volume at 356% of normal. The stock has declined -10.2% during the last week but has been exceptionally strong relative to the market over the last nine months.


Current PriceTarget Research Rating

With future capital returns forecasted to be above the cost of capital, SMSI is expected to continue to be a major Value Builder.

Smith Micro Software has a current Value Trend Rating of A (Highest Rating). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Smith Micro Software has a neutral Appreciation Score of 53 but a very high Power Rating of 91, and the Highest Value Trend Rating results.

Rating Review

In light of this highly negative price change we are reviewing our current Overall Rating of A. This review will be completed in the next several days.

About John Lafferty 69852 Articles
During his career, John has developed valuation and stock rating methodologies, managed institutional portfolios and mutual funds, and provided equity research to institutional investors on thousands of companies. He has been Director of Research at PTR since its inception in 2004.

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