Headlines about SMTC (NASDAQ:SMTX) have been trending somewhat positive on Thursday, Accern Sentiment Analysis reports. Accern identifies positive and negative media coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. SMTC earned a coverage optimism score of 0.18 on Accern’s scale. Accern also gave headlines about the technology company an impact score of 46.3978563465858 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
SMTC (NASDAQ:SMTX) traded up $0.01 during mid-day trading on Thursday, reaching $1.65. The company’s stock had a trading volume of 9,700 shares, compared to its average volume of 27,722. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.82 and a current ratio of 1.44. SMTC has a twelve month low of $1.10 and a twelve month high of $1.84.
In other news, CEO Edward J. Smith purchased 25,000 shares of the business’s stock in a transaction dated Tuesday, November 7th. The shares were purchased at an average price of $1.64 per share, for a total transaction of $41,000.00. Following the completion of the purchase, the chief executive officer now owns 86,700 shares in the company, valued at approximately $142,188. The purchase was disclosed in a document filed with the SEC, which is available at this link. Also, major shareholder Red Oak Partners, Llc purchased 124,700 shares of the business’s stock in a transaction dated Thursday, September 21st. The shares were purchased at an average price of $1.29 per share, for a total transaction of $160,863.00. The disclosure for this purchase can be found here. In the last quarter, insiders acquired 386,242 shares of company stock worth $507,003. Insiders own 23.00% of the company’s stock.
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SMTC Corporation (SMTC) is a provider of electronics manufacturing services (EMS). The Company’s manufacturing services include product design and sustaining engineering services, printed circuit board assembly (PCBA), production, enclosure fabrication, systems integration and testing services, configuration to order, build to order and direct order fulfillment.
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