Smith-Midland (OTCMKTS:SMID) Stock Price Crosses Above 50 Day Moving Average of $7.68

Smith-Midland Co. (OTCMKTS:SMID)’s stock price passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $7.68 and traded as high as $7.70. Smith-Midland shares last traded at $7.69, with a volume of 6,857 shares changing hands.

The company has a debt-to-equity ratio of 0.43, a current ratio of 1.89 and a quick ratio of 1.58. The stock has a market cap of $39.50 million, a price-to-earnings ratio of 19.74 and a beta of 0.72. The firm has a fifty day moving average of $7.68 and a 200 day moving average of $8.33.

Smith-Midland (OTCMKTS:SMID) last posted its quarterly earnings results on Thursday, August 8th. The construction company reported $0.05 EPS for the quarter. Smith-Midland had a return on equity of 10.64% and a net margin of 4.78%. The firm had revenue of $10.85 million during the quarter.

Smith-Midland Company Profile (OTCMKTS:SMID)

Smith-Midland Corporation, through its subsidiaries, invents, develops, manufactures, markets, leases, licenses, sells, and installs precast concrete products primarily for use in the construction, highway, utilities, and farming industries in the United States. The company offers Easi-Set SlenderWall lightweight construction panels, which are exterior cladding systems used for the exterior walls of buildings; and Easi-Set Sierra Wall that provides sound and sight barrier for use in highway projects, as well as residential, industrial, and commercial purposes.

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