Smith-Midland (OTCMKTS:SMID) Shares Cross Above 50 Day Moving Average of $7.68

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Smith-Midland Co. (OTCMKTS:SMID)’s stock price passed above its 50-day moving average during trading on Thursday . The stock has a 50-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 trading hands.

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

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

About Smith-Midland (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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