SMTC Corporation (NASDAQ:SMTX) CEO Edward J. Smith purchased 11,700 shares of SMTC Corporation stock in a transaction on Tuesday, August 8th. The stock was bought at an average price of $1.26 per share, for a total transaction of $14,742.00. Following the transaction, the chief executive officer now directly owns 61,700 shares in the company, valued at approximately $77,742. The purchase was disclosed in a filing with the SEC, which is accessible through this link.
SMTC Corporation (SMTX) traded up 6.56% during midday trading on Wednesday, hitting $1.30. The company’s stock had a trading volume of 53,590 shares. The company’s market cap is $21.86 million. SMTC Corporation has a 52-week low of $1.10 and a 52-week high of $1.68. The stock has a 50 day moving average of $1.26 and a 200 day moving average of $1.31.
SMTC Corporation (NASDAQ:SMTX) last released its quarterly earnings data on Tuesday, May 16th. The technology company reported ($0.10) EPS for the quarter. The company had revenue of $33.18 million during the quarter. SMTC Corporation had a negative return on equity of 25.34% and a negative net margin of 4.70%. On average, equities analysts expect that SMTC Corporation will post $0.53 EPS for the current year.
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About SMTC Corporation
SMTC Corporation (SMTC) is a provider of electronics manufacturing services (EMS). The Company’s manufacturing services include product design and sustaining engineering services, printed circuit board assembly (PCBA), production, enclosure fabrication, systems integration and testing services, configuration to order, build to order and direct order fulfillment.
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