SCHMID Group (NASDAQ:SHMD) Announces Earnings Results

SCHMID Group (NASDAQ:SHMD) posted its earnings results on Tuesday. The company reported ($0.46) EPS for the quarter, FiscalAI reports. The business had revenue of $26.25 million during the quarter.

SCHMID Group Stock Down 1.2%

NASDAQ SHMD opened at $4.85 on Tuesday. SCHMID Group has a 1-year low of $2.00 and a 1-year high of $10.65. The business’s 50-day simple moving average is $5.06 and its 200-day simple moving average is $6.08.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. TENOR CAPITAL MANAGEMENT Co. L.P. purchased a new stake in shares of SCHMID Group during the third quarter valued at approximately $40,000. Jane Street Group LLC acquired a new stake in SCHMID Group during the 4th quarter valued at $106,000. HRT Financial LP acquired a new stake in SCHMID Group during the 4th quarter valued at $130,000. XTX Topco Ltd purchased a new stake in SCHMID Group during the 4th quarter worth $137,000. Finally, Corsair Capital Management L.P. purchased a new stake in SCHMID Group during the 1st quarter worth $148,000. 46.03% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Separately, Wall Street Zen upgraded SCHMID Group from a “sell” rating to a “hold” rating in a report on Saturday, May 23rd. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company currently has an average rating of “Sell”.

About SCHMID Group

Schmid Group AG is a global engineering and manufacturing company specializing in flexible packaging and barrier coating technologies for a range of industries. The company’s core offerings include turnkey coating, metallization and extrusion lamination lines designed to enhance the functional performance of films and substrates used in food, pharmaceutical and medical packaging applications. Schmid Group’s expertise also encompasses process engineering, product development and on-site support services, enabling clients to optimize production efficiency and sustainability in high-volume manufacturing environments.

In addition to its barrier technologies, Schmid Group provides modular solutions for thin-film coating, printing, slitting and winding, as well as machinery for flat glass finishing such as washing, sanding and patterning.