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Is This The End of Capitalism? (Ad)
Biden, McCarthy to discuss debt limit in talks on Wednesday
Elon Musk's mysterious ways on display in Tesla tweet trial
S&P 500   3,852.36
DOW   32,920.46
QQQ   296.26
Inflation Tips for Startups – Top 11
Is This The End of Capitalism? (Ad)
Lots of sound and fury on US debt, but not a crisis — yet
Trustees picked by DeSantis may change progressive college
Is This The End of Capitalism? (Ad)
France must raise pension age to 64, prime minister says
Qatar replaces Russian company in Lebanon gas exploration
Is This The End of Capitalism? (Ad)
Biden, McCarthy to discuss debt limit in talks on Wednesday
Elon Musk's mysterious ways on display in Tesla tweet trial
S&P 500   3,852.36
DOW   32,920.46
QQQ   296.26
Inflation Tips for Startups – Top 11
Is This The End of Capitalism? (Ad)
Lots of sound and fury on US debt, but not a crisis — yet
Trustees picked by DeSantis may change progressive college
Is This The End of Capitalism? (Ad)
France must raise pension age to 64, prime minister says
Qatar replaces Russian company in Lebanon gas exploration
Is This The End of Capitalism? (Ad)
Biden, McCarthy to discuss debt limit in talks on Wednesday
Elon Musk's mysterious ways on display in Tesla tweet trial
S&P 500   3,852.36
DOW   32,920.46
QQQ   296.26
Inflation Tips for Startups – Top 11
Is This The End of Capitalism? (Ad)
Lots of sound and fury on US debt, but not a crisis — yet
Trustees picked by DeSantis may change progressive college
Is This The End of Capitalism? (Ad)
France must raise pension age to 64, prime minister says
Qatar replaces Russian company in Lebanon gas exploration
Is This The End of Capitalism? (Ad)
Biden, McCarthy to discuss debt limit in talks on Wednesday
Elon Musk's mysterious ways on display in Tesla tweet trial
NASDAQ:SMIT

Schmitt Industries - SMIT Stock Forecast, Price & News

$0.04
+0.03 (+365.85%)
(As of 01/27/2023 12:00 AM ET)
Add
Compare
Today's Range
$0.04
▼
$0.04
50-Day Range
$0.01
▼
$1.08
52-Week Range
$0.01
▼
$5.42
Volume
1,219 shs
Average Volume
225,807 shs
Market Capitalization
$147,834.00
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
N/A

SMIT stock logo

About Schmitt Industries (NASDAQ:SMIT) Stock

Schmitt 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.

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SMIT Stock News Headlines

January 23, 2023 | finance.yahoo.com
Delisting of Securities of Schmitt Industries, Inc.; Viveve Medical, Inc.; and American Virtual Cloud Technologies, Inc. from The Nasdaq Stock Market
December 20, 2022 | finance.yahoo.com
Portland's Schmitt Industries freezes operations at Brooklyn ice cream business
January 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.com
SCHMITT INDUSTRIES ANNOUNCES AMPLE HILLS FURLOUGH
December 12, 2022 | apnews.com
DEADLINE TODAY: The Schall Law Firm Encourages Investors in Schmitt Industries, Inc. with Losses of $100,000 to Contact the Firm
December 12, 2022 | benzinga.com
FINAL DEADLINE ALERT: The Schall Law Firm Encourages Investors in Schmitt Industries, Inc. with Losses of $100,000 to Contact the Firm
December 12, 2022 | apnews.com
DEADLINE ALERT for SMIT and SQ: The Law Offices of Frank R. Cruz Reminds Investors of Class Actions on Behalf of Shareholders
December 9, 2022 | wsj.com
The 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 Here
You 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.com
MONDAY DEADLINE REMINDER: The Schall Law Firm Encourages Investors in Schmitt Industries, Inc. with Losses of $100,000 to Contact the Firm
December 8, 2022 | wsj.com
DEADLINE MONDAY NOTICE: The Schall Law Firm Encourages Investors in Schmitt Industries, Inc. with Losses of $100,000 to Contact the Firm
December 5, 2022 | wsj.com
7-DAY DEADLINE REMINDER: The Schall Law Firm Encourages Investors in Schmitt Industries, Inc. with Losses of $100,000 to Contact the Firm
December 2, 2022 | benzinga.com
INVESTOR ACTION NOTICE: The Schall Law Firm Encourages Investors in Schmitt Industries, Inc. with Losses of $100,000 to Contact the Firm
November 25, 2022 | benzinga.com
SHAREHOLDER ACTION NOTICE: The Schall Law Firm Encourages Investors in Schmitt Industries, Inc. with Losses of $100,000 to Contact the Firm
November 23, 2022 | benzinga.com
INVESTOR ACTION REMINDER: The Schall Law Firm Encourages Investors in Schmitt Industries, Inc. with Losses of $100,000 to Contact the Firm
November 22, 2022 | benzinga.com
INVESTOR ACTION ALERT: The Schall Law Firm Encourages Investors in Schmitt Industries, Inc. with Losses of $100,000 to Contact the Firm
November 16, 2022 | finance.yahoo.com
SCHMITT INDUSTRIES APPOINTS KRISTI FRANK TO ITS BOARD
November 15, 2022 | 247wallst.com
Activist Investor GAMCO Trims Position in Schmitt Industries (SMIT)
October 29, 2022 | benzinga.com
Schmitt Industries, Inc. (SMIT) Class Action: Contact Robbins LLP if You Have Significant Losses in Schmitt Industries, Inc.
October 21, 2022 | benzinga.com
DEADLINE ALERT for OPEN, SMIT, and SQ: The Law Offices of Frank R. Cruz Reminds Investors of Class Actions on Behalf of Shareholders
October 20, 2022 | finance.yahoo.com
SCHMITT INDUSTRIES PROVIDES COMPANY UDPATES AND INFORMATION ON NASDAQ DEFICIENCY NOTICES
October 17, 2022 | benzinga.com
Glancy Prongay & Murray LLP Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Schmitt Industries, Inc. (SMIT)
October 17, 2022 | benzinga.com
Schmitt Industries, Inc. (SMIT) Shareholder Update: Robbins LLP Reminds Investors of Class Action Against Schmitt Industries, Inc.
October 14, 2022 | benzinga.com
Shareholder Alert: Robbins LLP Informs Investors of Class Action Against Schmitt Industries, Inc. (SMIT)
October 14, 2022 | benzinga.com
The Law Offices of Frank R. Cruz Announces the Filing of a Securities Class Action on Behalf of Schmitt Industries, Inc. (SMIT) Investors
October 12, 2022 | benzinga.com
Kirby McInerney LLP Announces the Filing of a Securities Class Action on Behalf of Schmitt Industries, Inc. (SMIT) Investors
October 12, 2022 | benzinga.com
Gainey McKenna & Egleston Announces A Class Action Lawsuit Has Been Filed Against Schmitt Industries, Inc. (SMIT)
See More Headlines
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SMIT Company Calendar

Last Earnings
1/10/2019
Today
1/29/2023
Fiscal Year End
5/31/2023
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
Process control instruments
Sub-Industry
N/A
Sector
Industrial Products
Current Symbol
NASDAQ:SMIT
CUSIP
N/A
CIK
922612
Web
www.schmittindustries.com
Phone
(503) 227-7908
Fax
503-223-1258
Employees
138
Year Founded
N/A

Profitability

EPS (Most Recent Fiscal Year)
($0.87)
Trailing P/E Ratio
N/A
Forward P/E Ratio
N/A
P/E Growth
N/A
Net 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 Ratio
27.12
Current Ratio
0.69
Quick Ratio
0.44

Sales & Book Value

Annual Sales
$9.89 million
Price / Sales
0.01
Cash Flow
N/A
Price / Cash Flow
N/A
Book Value
$0.16 per share
Price / Book
0.24

Miscellaneous

Outstanding Shares
3,870,000
Free Float
3,210,000
Market Cap
$147,834.00
Optionable
Not Optionable
Beta
1.15

Key Executives

  • Michael R. Zapata
    Executive Chairman, President & CEO
  • Philip Bosco
    Chief Financial Officer & Treasurer
  • Jamie Michael Schmidt
    Head-Corporate Development

Key Competitors

View All Competitors

Insiders & Institutions

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