Wall Street Zen Downgrades SCHMID Group (NASDAQ:SHMD) to Sell

Key Points

• Wall Street Zen downgraded SCHMID Group (NASDAQ:SHMD) from a "hold" to a sell, and Weiss Ratings reissued a "sell (e+)", leaving the consensus rating at Sell.
• SCHMID reported (‑$1.02) EPS and $15.71 million in revenue for the quarter, and its shares opened at $5.95 after trading in a 52-week range of $2.00 to $10.65 (50‑day MA $7.74; 200‑day MA $5.64).
• About 46.03% of the stock is held by institutions, with several funds (including Jane Street, HRT Financial and XTX Topco) recently initiating small positions.

SCHMID Group (NASDAQ:SHMD - Get Free Report) was downgraded by analysts at Wall Street Zen from a "hold" rating to a "sell" rating in a research report issued on Saturday.

Separately, Weiss Ratings reissued a "sell (e+)" rating on shares of SCHMID Group in a report on Tuesday, February 17th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company currently has a consensus rating of "Sell".

SCHMID Group Price Performance

SCHMID Group stock opened at $5.95 on Friday. The business's fifty day moving average is $7.74 and its two-hundred day moving average is $5.64. SCHMID Group has a 52 week low of $2.00 and a 52 week high of $10.65.

SCHMID Group (NASDAQ:SHMD - Get Free Report) last announced its earnings results on Friday, February 13th. The company reported ($1.02) earnings per share for the quarter. The firm had revenue of $15.71 million during the quarter.

Institutional Investors Weigh In On SCHMID Group

Hedge funds and other institutional investors have recently made changes to their positions in the company. FNY Investment Advisers LLC bought a new stake in shares of SCHMID Group during the fourth quarter worth $31,000. TENOR CAPITAL MANAGEMENT Co. L.P. bought a new position in SCHMID Group in the third quarter valued at about $40,000. Jane Street Group LLC bought a new position in SCHMID Group in the fourth quarter valued at about $106,000. HRT Financial LP acquired a new stake in SCHMID Group in the fourth quarter worth about $130,000. Finally, XTX Topco Ltd acquired a new stake in SCHMID Group in the fourth quarter worth about $137,000. 46.03% of the stock is owned by institutional investors and hedge funds.

SCHMID Group Company Profile

Schmid Group AG is a global engineering and manufacturing company specializing in flexible packaging and barrier coating technologies for a range of industries. The company’s core offerings include turnkey coating, metallization and extrusion lamination lines designed to enhance the functional performance of films and substrates used in food, pharmaceutical and medical packaging applications. Schmid Group’s expertise also encompasses process engineering, product development and on-site support services, enabling clients to optimize production efficiency and sustainability in high-volume manufacturing environments.

In addition to its barrier technologies, Schmid Group provides modular solutions for thin-film coating, printing, slitting and winding, as well as machinery for flat glass finishing such as washing, sanding and patterning.

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