SMX [Security Matters] Plc [SMX] moved up 12.83: Why It’s Important

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SMX (Security Matters) Plc [NASDAQ: SMX] stock went on an upward path that rose over 12.83% on Tuesday, amounting to a one-week price increase of more than 13.84%.

Over the last 12 months, SMX stock dropped by -99.28%.

The market cap for the stock reached $1.01 million, with 5.70 million shares outstanding and 5.45 million shares in the current float. Compared to the average trading volume of 6.52M shares, SMX stock reached a trading volume of 7046200 in the most recent trading day, which is why market watchdogs consider the stock to be active.

SMX Stock Performance Analysis:

SMX (Security Matters) Plc [SMX] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 13.84. With this latest performance, SMX shares gained by 25.14% in over the last four-week period, additionally sinking by -91.12% over the last 6 months – not to mention a drop of -99.28% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for SMX stock in for the last two-week period is set at 53.02, with the RSI for the last a single of trading hit 61.15, and the three-weeks RSI is set at 46.95 for SMX (Security Matters) Plc [SMX]. The present Moving Average for the last 50 days of trading for this stock 0.1957, while it was recorded at 0.1685 for the last single week of trading, and 1.1962 for the last 200 days.

Insight into SMX [Security Matters] Plc Fundamentals:

SMX (Security Matters) Plc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.24 and a Current Ratio set at 0.24.

SMX [Security Matters] Plc [SMX] Institutonal Ownership Details

The top three institutional holders of SMX stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.4983%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $200.69 billion in SMX stocks shares; and BERKSHIRE HATHAWAY INC, currently with $174.35 billion in SMX stock with ownership which is approximately 5.8386%.