Can Smith Micro Software, Inc. (SMSI)’s Tomorrow Be Different? The Stock Increases Again

April 17, 2018 - By Ellis Scott

Smith Micro Software, Inc. (NASDAQ:SMSI) Logo

The stock of Smith Micro Software, Inc. (NASDAQ:SMSI) is a huge mover today! The stock increased 10.20% or $0.2 during the last trading session, reaching $2.16. About 324,646 shares traded or 124.14% up from the average. Smith Micro Software, Inc. (NASDAQ:SMSI) has risen 76.84% since April 17, 2017 and is uptrending. It has outperformed by 65.29% the S&P500.
The move comes after 7 months positive chart setup for the $39.39M company. It was reported on Apr, 17 by Barchart.com. We have $2.25 PT which if reached, will make NASDAQ:SMSI worth $1.58 million more.

Smith Micro Software, Inc. develops and sells software solutions to simplify and enhance the mobile experience to wireless service providers, device manufacturers, and enterprise businesses in the Americas, Europe, the Middle East, Africa, the Asia Pacific. The company has market cap of $39.39 million. It operates through two divisions, Wireless and Graphics. It currently has negative earnings. The Wireless segment offers NetWise, a policy-on-device platform that optimizes wireless quality of experience and enhances mobile customer engagement; CommSuite, which provides voicemail, voice message, and multi-language voice-to-text transcription message services to clients through smartphones; 4D App Studio, which offers mobile app design and development services that accelerates app time-to-market and mobilizes services and products; and QuickLink, a connection manager solution for mobile connectivity.

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