StockNews.com Downgrades Smith Micro Software (NASDAQ:SMSI) to Sell

Smith Micro Software (NASDAQ:SMSI) was downgraded by equities researchers at StockNews.com from a “hold” rating to a “sell” rating in a note issued to investors on Tuesday.

Smith Micro Software Price Performance

Shares of SMSI opened at $0.88 on Tuesday. The firm has a market capitalization of $10.48 million, a PE ratio of -0.17 and a beta of 0.73. Smith Micro Software has a 1-year low of $0.52 and a 1-year high of $7.52. The company’s fifty day moving average price is $0.88 and its 200-day moving average price is $1.60.

Smith Micro Software Company Profile

Smith Micro Software, Inc engages in the development and sale of software to enhance the mobile experience to wireless and cable service providers in the Americas, Europe, the Middle East, and Africa. The company offers SafePath Family, SafePath IoT, SafePath Home, and SafePath Premium product suite, which provides tools to protect digital lifestyles and manage connected devices inside and outside the home; and CommSuite, a messaging platform that helps mobile service provides deliver a next-generation voicemail experience to mobile subscribers, as well as enables multi-language voice-to-text (VTT) transcription messaging.