SMTC Co. (NASDAQ:SMTX) CFO Steven M. Waszak purchased 3,000 shares of the firm’s stock in a transaction that occurred on Tuesday, December 4th. The shares were bought at an average price of $3.71 per share, for a total transaction of $11,130.00. Following the acquisition, the chief financial officer now directly owns 3,000 shares in the company, valued at approximately $11,130. The acquisition was disclosed in a filing with the SEC, which is accessible through this hyperlink.
NASDAQ:SMTX opened at $3.60 on Friday. SMTC Co. has a fifty-two week low of $1.56 and a fifty-two week high of $4.16. The company has a current ratio of 1.39, a quick ratio of 0.98 and a debt-to-equity ratio of 0.15.
SMTC (NASDAQ:SMTX) last released its quarterly earnings results on Tuesday, November 6th. The technology company reported $0.04 earnings per share for the quarter. SMTC had a negative return on equity of 0.56% and a negative net margin of 0.07%. The company had revenue of $53.68 million for the quarter.
A number of large investors have recently added to or reduced their stakes in the stock. BlackRock Inc. raised its holdings in SMTC by 38.5% during the 3rd quarter. BlackRock Inc. now owns 57,049 shares of the technology company’s stock valued at $165,000 after buying an additional 15,871 shares during the period. Dimensional Fund Advisors LP raised its holdings in SMTC by 33.3% during the 3rd quarter. Dimensional Fund Advisors LP now owns 139,552 shares of the technology company’s stock valued at $403,000 after buying an additional 34,885 shares during the period. Bridgeway Capital Management Inc. raised its holdings in SMTC by 33.3% during the 3rd quarter. Bridgeway Capital Management Inc. now owns 140,000 shares of the technology company’s stock valued at $405,000 after buying an additional 35,000 shares during the period. Renaissance Technologies LLC raised its holdings in SMTC by 10.1% during the 3rd quarter. Renaissance Technologies LLC now owns 409,210 shares of the technology company’s stock valued at $1,183,000 after buying an additional 37,545 shares during the period. Finally, Essex Investment Management Co. LLC raised its holdings in SMTC by 33.3% during the 3rd quarter. Essex Investment Management Co. LLC now owns 207,326 shares of the technology company’s stock valued at $599,000 after buying an additional 51,830 shares during the period. Institutional investors own 14.63% of the company’s stock.
Separately, TheStreet upgraded SMTC from a “d+” rating to a “c” rating in a report on Thursday, November 1st.
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SMTC Company Profile
SMTC Corporation provides electronics manufacturing services worldwide. The company offers end-to-end electronics manufacturing services, including product design and engineering; printed circuit board assembly; production, enclosure, cable assembly, and precision metal fabrication; systems integration and testing; and configuration to order, build to order, and direct order fulfillment services.
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