NASDAQ:SMIT Schmitt Industries - SMIT Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Schmitt Industries, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $0.04 +0.03 (+365.85%) (As of 01/27/2023 12:00 AM ET) Add Compare Share Share Today's Range$0.04▼$0.0450-Day Range$0.01▼$1.0852-Week Range$0.01▼$5.42Volume1,219 shsAverage Volume225,807 shsMarket Capitalization$147,834.00P/E RatioN/ADividend YieldN/APrice TargetN/A ProfileChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media About Schmitt Industries (NASDAQ:SMIT) StockSchmitt Industries, Inc. designs, manufactures and markets measurement and process control systems. It operates through the following segments: Measurement and Ice Cream. The Measurement segment designs, manufactures and sells high precision test and measurement products. The Ice Cream segment invests in creamery manufacturing and consumer retailing. The company was founded by Wayne A. Case in 1987 and is headquartered in Portland, OR.Read More Receive SMIT Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Schmitt Industries and its competitors with MarketBeat's FREE daily newsletter. Email Address SMIT Stock News HeadlinesJanuary 23, 2023 | finance.yahoo.comDelisting of Securities of Schmitt Industries, Inc.; Viveve Medical, Inc.; and American Virtual Cloud Technologies, Inc. from The Nasdaq Stock MarketDecember 20, 2022 | finance.yahoo.comPortland's Schmitt Industries freezes operations at Brooklyn ice cream businessJanuary 29, 2023 | Porter & Company (Ad)Is This The End of Capitalism?EXPOSED: The establishment plot to disenfranchise and impoverish millions of Americans…December 19, 2022 | finance.yahoo.comSCHMITT INDUSTRIES ANNOUNCES AMPLE HILLS FURLOUGHDecember 12, 2022 | apnews.comDEADLINE TODAY: The Schall Law Firm Encourages Investors in Schmitt Industries, Inc. with Losses of $100,000 to Contact the FirmDecember 12, 2022 | benzinga.comFINAL DEADLINE ALERT: The Schall Law Firm Encourages Investors in Schmitt Industries, Inc. with Losses of $100,000 to Contact the FirmDecember 12, 2022 | apnews.comDEADLINE ALERT for SMIT and SQ: The Law Offices of Frank R. Cruz Reminds Investors of Class Actions on Behalf of ShareholdersDecember 9, 2022 | wsj.comThe Law Offices of Frank R. Cruz Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Schmitt Industries, Inc. (SMIT)January 29, 2023 | Porter & Company (Ad)The Next Big Crisis Is HereYou just can’t see it yet because it’s NOT a banking, financial, or economic crisis… it’s far worse and threatens every dollar in your retirement account.December 9, 2022 | wsj.comMONDAY DEADLINE REMINDER: The Schall Law Firm Encourages Investors in Schmitt Industries, Inc. with Losses of $100,000 to Contact the FirmDecember 8, 2022 | wsj.comDEADLINE MONDAY NOTICE: The Schall Law Firm Encourages Investors in Schmitt Industries, Inc. with Losses of $100,000 to Contact the FirmDecember 5, 2022 | wsj.com7-DAY DEADLINE REMINDER: The Schall Law Firm Encourages Investors in Schmitt Industries, Inc. with Losses of $100,000 to Contact the FirmDecember 2, 2022 | benzinga.comINVESTOR ACTION NOTICE: The Schall Law Firm Encourages Investors in Schmitt Industries, Inc. with Losses of $100,000 to Contact the FirmNovember 25, 2022 | benzinga.comSHAREHOLDER ACTION NOTICE: The Schall Law Firm Encourages Investors in Schmitt Industries, Inc. with Losses of $100,000 to Contact the FirmNovember 23, 2022 | benzinga.comINVESTOR ACTION REMINDER: The Schall Law Firm Encourages Investors in Schmitt Industries, Inc. with Losses of $100,000 to Contact the FirmNovember 22, 2022 | benzinga.comINVESTOR ACTION ALERT: The Schall Law Firm Encourages Investors in Schmitt Industries, Inc. with Losses of $100,000 to Contact the FirmNovember 16, 2022 | finance.yahoo.comSCHMITT INDUSTRIES APPOINTS KRISTI FRANK TO ITS BOARDNovember 15, 2022 | 247wallst.comActivist Investor GAMCO Trims Position in Schmitt Industries (SMIT)October 29, 2022 | benzinga.comSchmitt Industries, Inc. (SMIT) Class Action: Contact Robbins LLP if You Have Significant Losses in Schmitt Industries, Inc.October 21, 2022 | benzinga.comDEADLINE ALERT for OPEN, SMIT, and SQ: The Law Offices of Frank R. Cruz Reminds Investors of Class Actions on Behalf of ShareholdersOctober 20, 2022 | finance.yahoo.comSCHMITT INDUSTRIES PROVIDES COMPANY UDPATES AND INFORMATION ON NASDAQ DEFICIENCY NOTICESOctober 17, 2022 | benzinga.comGlancy Prongay & Murray LLP Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Schmitt Industries, Inc. (SMIT)October 17, 2022 | benzinga.comSchmitt Industries, Inc. (SMIT) Shareholder Update: Robbins LLP Reminds Investors of Class Action Against Schmitt Industries, Inc.October 14, 2022 | benzinga.comShareholder Alert: Robbins LLP Informs Investors of Class Action Against Schmitt Industries, Inc. (SMIT)October 14, 2022 | benzinga.comThe Law Offices of Frank R. Cruz Announces the Filing of a Securities Class Action on Behalf of Schmitt Industries, Inc. (SMIT) InvestorsOctober 12, 2022 | benzinga.comKirby McInerney LLP Announces the Filing of a Securities Class Action on Behalf of Schmitt Industries, Inc. (SMIT) InvestorsOctober 12, 2022 | benzinga.comGainey McKenna & Egleston Announces A Class Action Lawsuit Has Been Filed Against Schmitt Industries, Inc. (SMIT)See More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive SMIT Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Schmitt Industries and its competitors with MarketBeat's FREE daily newsletter. Email Address SMIT Company Calendar Last Earnings1/10/2019Today1/29/2023Fiscal Year End5/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Process control instruments Sub-IndustryN/A SectorIndustrial Products Current SymbolNASDAQ:SMIT CUSIPN/A CIK922612 Webwww.schmittindustries.com Phone(503) 227-7908Fax503-223-1258Employees138Year FoundedN/AProfitability EPS (Most Recent Fiscal Year)($0.87) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-3,280,000.00 Net Margins-28.77% Pretax Margin-37.30% Return on Equity-322.21% Return on Assets-41.47% Debt Debt-to-Equity Ratio27.12 Current Ratio0.69 Quick Ratio0.44 Sales & Book Value Annual Sales$9.89 million Price / Sales0.01 Cash FlowN/A Price / Cash FlowN/A Book Value$0.16 per share Price / Book0.24Miscellaneous Outstanding Shares3,870,000Free Float3,210,000Market Cap$147,834.00 OptionableNot Optionable Beta1.15 Key ExecutivesMichael R. ZapataExecutive Chairman, President & CEOPhilip BoscoChief Financial Officer & TreasurerJamie Michael SchmidtHead-Corporate DevelopmentKey CompetitorsFast RadiusNASDAQ:FSRDClearSign TechnologiesNASDAQ:CLIRHurco CompaniesNASDAQ:HURCLogicMarkNASDAQ:LGMKAmerican RebelNASDAQ:AREBView All CompetitorsInsiders & InstitutionsVirtu Financial LLCBought 16,177 shares on 11/7/2022Ownership: 0.418%View All Institutional Transactions SMIT Stock - Frequently Asked Questions How have SMIT shares performed in 2023? Schmitt Industries' stock was trading at $0.3033 on January 1st, 2023. Since then, SMIT shares have decreased by 87.4% and is now trading at $0.0382. View the best growth stocks for 2023 here. Are investors shorting Schmitt Industries? Schmitt Industries saw a increase in short interest in the month of January. As of January 15th, there was short interest totaling 131,700 shares, an increase of 53.3% from the December 31st total of 85,900 shares. Based on an average daily volume of 167,700 shares, the days-to-cover ratio is currently 0.8 days. Currently, 4.0% of the company's stock are sold short. View Schmitt Industries' Short Interest. How were Schmitt Industries' earnings last quarter? Schmitt Industries, Inc. (NASDAQ:SMIT) issued its earnings results on Thursday, January, 10th. The scientific and technical instruments company reported ($0.06) earnings per share for the quarter. The scientific and technical instruments company earned $3.50 million during the quarter. Schmitt Industries had a negative net margin of 28.77% and a negative trailing twelve-month return on equity of 322.21%. What other stocks do shareholders of Schmitt Industries own? Based on aggregate information from My MarketBeat watchlists, some companies that other Schmitt Industries investors own include Soleno Therapeutics (SLNO), Sorrento Therapeutics (SRNE), Templeton Emerging Markets Income Fund (TEI), VBI Vaccines (VBIV), AbbVie (ABBV), Canadian Natural Resources (CNQ), Corbus Pharmaceuticals (CRBP), Evofem Biosciences (EVFM), EyePoint Pharmaceuticals (EYPT) and Gilead Sciences (GILD). What is Schmitt Industries' stock symbol? Schmitt Industries trades on the NASDAQ under the ticker symbol "SMIT." How do I buy shares of Schmitt Industries? Shares of SMIT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Schmitt Industries' stock price today? One share of SMIT stock can currently be purchased for approximately $0.04. How much money does Schmitt Industries make? Schmitt Industries (NASDAQ:SMIT) has a market capitalization of $147,834.00 and generates $9.89 million in revenue each year. The scientific and technical instruments company earns $-3,280,000.00 in net income (profit) each year or ($0.87) on an earnings per share basis. How many employees does Schmitt Industries have? The company employs 138 workers across the globe. How can I contact Schmitt Industries? Schmitt Industries' mailing address is 2765 NW NICOLAI ST, PORTLAND OR, 97210. The official website for the company is www.schmittindustries.com. The scientific and technical instruments company can be reached via phone at (503) 227-7908 or via fax at 503-223-1258. This page (NASDAQ:SMIT) was last updated on 1/29/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. 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