SMX (Security Matters) Public (NASDAQ:SMX) Issues Quarterly Earnings Results

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

SMX (Security Matters) Public Price Performance

NASDAQ:SMX opened at $16.52 on Friday. The firm’s fifty day moving average price is $11.78 and its 200 day moving average price is $282.93. SMX has a 1-year low of $12.51 and a 1-year high of $191,736.45. The company has a current ratio of 0.59, a quick ratio of 0.59 and a debt-to-equity ratio of 0.02.

Wall Street Analysts Forecast Growth

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

Hedge Funds Weigh In On SMX (Security Matters) Public

Large investors have recently bought and sold shares of the company. Engineers Gate Manager LP acquired a new stake in shares of SMX (Security Matters) Public in the 4th quarter worth $227,000. HRT Financial LP acquired a new position in shares of SMX (Security Matters) Public during the fourth quarter worth about $303,000. Finally, Geode Capital Management LLC acquired a new position in shares of SMX (Security Matters) Public during the fourth quarter worth about $98,000. 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.