How to Buy Smith Micro Software Stock
Smith Micro Software Inc
Smith Micro Software, Inc. develops and sells software to enhance the mobile experience to wireless and cable service providers worldwide.
Smith Micro Software stock last closed at $2.32, up 4.5% from the previous day, and has decreased 73.87% in one year. It has underperformed other stocks in the Software - Application industry by 1.02 percentage points. Smith Micro Software stock is currently +23.27% from its 52-week low of $1.88, and -84.49% from its 52-week high of $14.96.
There are currently 9.37M shares of SMSI outstanding. The market capitalization of SMSI is $21.73M. In the past 24 hours, 55,036 SMSI shares were traded.
How to Buy Smith Micro Software Stock
Wondering how to invest in Smith Micro Software stock? Here's how.
- Decide where to buy Smith Micro Software stock: You need to choose an online brokerage, but don't worry - we've analyzed dozens of stock brokerages and apps to help you choose where to buy Smith Micro Software stock.
- Open a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Deposit money your brokerage account: Select your payment method and add your information.
- Research Smith Micro Software stock: The Smith Micro Software ticker symbol is SMSI. Is Smith Micro Software stock a good investment? Should you buy shares of SMSI? How do SMSI's underlying business fundamentals look? Do top analysts think Smith Micro Software is a good buy? Why has SMSI's stock price moved recently? (Hint: Our stock market analysis tools can help you understand if SMSI is a good stock to buy).
- Execute your SMSI trade: Decide if you will purchase SMSI shares at the current market price or use a limit order to purchase SMSI shares at a particular price.
- Track your SMSI investment: Create a watchlist to the latest updates on your position in Smith Micro Software shares.
Step 1: Decide where to buy Smith Micro Software stock
You need an online brokerage account in order to access the NASDAQ market and buy SMSI shares.
Our preferred brokerage: eToro
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Get $10 towards your share purchase by signing up for an account with eToro today.
Open eToro AccountStep 2: Open a brokerage account
Now that you've chosen the right brokerage, it's time to fill out some personal information so you are able to buy SMSI stock today.
How to Set Up a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal info to open a new trading account.
- Send your info by pressing the "Create Account" button. Get started with eToro today
Step 3: Deposit money your brokerage account
Now that you've finished signing up on apps for stocks, you need to deposit funds:
Check out this video walkthrough if you need help depositing money into your brokerage account.
Step 4: Research Smith Micro Software stock
After you have identified the best place to buy Smith Micro Software stock, it's important to analyze their stock before you invest, so you can understand the risk and upside.
Smith Micro Software Metrics
Smith Micro Software Zen Score
WallStreetZen was built to help everyday investors perform more in-depth fundamental analysis quickly.
You can view all of the due diligence checks on SMSI's stock page.
Is SMSI stock overvalued?
Investors use many financial metrics, analyses, models, and charts to gauge SMSI's true value.
Using relative valuations ratios:
- SMSI may be undervalued based on its P/B ratio of 0.29x, relative to Software - Application industry P/B ratio of 6.53x
You can access more valuation analysis on SMSI's stock here.
How do SMSI Financials look?
Positive Financial Indicators:
- There are more short-term assets than short-term liabilities on the SMSI balance sheet.
- Total SMSI debt is lower than 5 years ago, relative to shareholder equity.
- SMSI has cash burn of 6977000. It has sufficient cash and short-term investments to cover this for at least one year.
- SMSI has $7.13M in cash and short term investments. This is sufficient to cover its annual cash burn of $6.98M.
- SMSI has a low debt to equity ratio of 0.14.
- There are more short-term assets than long-term liabilities on the SMSI balance sheet.
Negative Financial Indicators:
- SMSI profit margin has gone up by 0.01 percentage points in the past year, but the company is still unprofitable.
Is SMSI stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 1 Equities analysts who give ratings on SMSI, the consensus analyst rating on Smith Micro Software is a Strong Buy
Please note that analyst ratings are not stock recommendations, nor are they financial advice.
You can dive deeper into what analysts are saying on the Smith Micro Software stock forecast page.
SMSI Technicals
SMSI Earnings
Last year, SMSI revenue was $40.86M. In the past five year, SMSI's revenue has increased by 9.23% per year. This was slower than the Software - Application industry average of 27.72%.
Dive into SMSI's earnings and revenue performance here.
Who is buying/selling SMSI?
Over the last year, executives and large shareholders at SMSI have sold more shares than they have bought.
James M. Kempton, VP CFO and Treasurer of SMSI, was the latest SMSI insider to buy. They bought $72.25 worth of SMSI stock on Apr 1, 2024.
Learn more about who owns SMSI stock here.
Can I get consistent income from SMSI stock?
No, Smith Micro Software doesn't provide an income stream by paying out dividends.
Get analysis from other investors
One of the biggest reasons eToro is our favorite brokerage is because of its social trading community.
Click below to find out what other investors have to say.
Step 5: Execute your SMSI trade
You have two primary options:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are usually fine for most investors. - Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
If you want to be certain you're buying or selling at a given dollar amount limit, use a limit order.
Hit the Open button and your broker will place the order.
If you need additional info about buying stocks on eToro, click the helpful video below:
Step 6: Track your SMSI investment
Now that you own some SMSI stock, you'll want to stay up-to-date on your investment.
Create a watchlist to get notified of the latest news about your SMSI stock.
SMSI Feed
How to Buy Stock in Smith Micro Software
To summarize, here are the 6 steps for buying Smith Micro Software stock:
- Decide where to buy Smith Micro Software stock
- Open a brokerage account
- Deposit money your brokerage account
- Research Smith Micro Software stock
- Execute your SMSI trade
- Track your SMSI investment
If you require a brokerage account, eToro is our recommended option.
Get Started with eToro TodayIf you would like to monitor your new investment in Smith Micro Software, add SMSI to your watchlist by clicking the button below.
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