Entry level $6.40 = Target price $10.00 = Stop loss $7.00
Average analysts price target $7.75 | Buy
P/E ratio 39.86
Strong base built with a major breakout imminent.
Indicators bullish as is the current C&H pattern that is developing.
Earnings approach and positioning may ignite a small rally, pre breakout.
Smith Micro share price has appreciated a staggering 240% in 2019.
The growth story so far has been driven by nothing other than strong fundamentals.
There are a few growth opportunities for Smith Micro on the horizon.
Despite the significant appreciation in 2019, shares are still attractively priced.
Source Seeking alpha
Company profile
Smith Micro Software, Inc. engages in the provision of software solutions. It operates through Wireless and Graphics segments. The Wireless segment refers to wireless internet solutions to access information and entertainment anytime and anywhere. The Graphics segment develops a variety of software, including graphic design and animation, and compression and PC/Mac utilities, for consumers, professional artists, and educators. The company was founded by William W. Smith Jr. on November 30, 1982 and is headquartered in Pittsburgh, PA.
Average analysts price target $7.75 | Buy
P/E ratio 39.86
Strong base built with a major breakout imminent.
Indicators bullish as is the current C&H pattern that is developing.
Earnings approach and positioning may ignite a small rally, pre breakout.
Smith Micro share price has appreciated a staggering 240% in 2019.
The growth story so far has been driven by nothing other than strong fundamentals.
There are a few growth opportunities for Smith Micro on the horizon.
Despite the significant appreciation in 2019, shares are still attractively priced.
Source Seeking alpha
Company profile
Smith Micro Software, Inc. engages in the provision of software solutions. It operates through Wireless and Graphics segments. The Wireless segment refers to wireless internet solutions to access information and entertainment anytime and anywhere. The Graphics segment develops a variety of software, including graphic design and animation, and compression and PC/Mac utilities, for consumers, professional artists, and educators. The company was founded by William W. Smith Jr. on November 30, 1982 and is headquartered in Pittsburgh, PA.