|Bid||0.0000 x 800|
|Ask||0.0000 x 900|
|Day's Range||2.2008 - 2.3299|
|52 Week Range||2.1500 - 4.1200|
|Beta (3Y Monthly)||0.97|
|PE Ratio (TTM)||N/A|
|Earnings Date||Dec 11, 2018 - Dec 17, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Schmitt Industries, Inc. (SMIT) today announced the appointment of Steven Strom as the fifth member of the Company’s Board of Directors (the “Board”) effective June 21, 2019. Steven Strom is an “independent director” according to the rules of the Securities and Exchange Commission and the NASDAQ Stock Market and his appointment creates a majority of independent directors on the Board in compliance with NASDAQ requirements. Steven Strom is the founder of Odinbrook Global Advisors and has more than thirty years of experience advising companies in the US, Canada, Latin America, Europe and Asia. Mr. Strom focuses on providing expert advice to clients to develop restructuring strategies and implement solution transactions.
The main aim of stock picking is to find the market-beating stocks. But in any portfolio, there will be mixed results...
Schmitt Industries, Inc. (SMIT) today announced results from a recent survey the Company conducted regarding its Schmitt Dynamic Balance System® (“SBS”) product line and the Company’s service in the grinding industry. Further, customers value responsive service to reduce down time and to optimize machine performance. As a partner with many grinding customers, SBS products are sold to machine tool manufacturers (OEMs), machine tool rebuilders and grinding machine customers worldwide.
PORTLAND, Ore., April 16, 2019 -- Schmitt Industries, Inc. (NASDAQ: SMIT) today announced the relaunch of the Xact® website. Xact, part of the Schmitt Industries family of.
PORTLAND, Ore., April 10, 2019 -- Schmitt Industries, Inc. (NASDAQ: SMIT) (the “Company” or “Schmitt”) today announced its operating results for the third quarter of Fiscal.
Schmitt Industries, Inc. (SMIT) today announced promotion and expansion plans for Schmitt Europe Limited (SEL), which will further position the company with its focus on the European grinding market. Tim Wood has accepted the role of SEL General Manager. Mr. Wood is a chartered mechanical engineer and has worked with SEL since 2001 as an International Sales Manager. With this promotion, Mr. Wood will be responsible for working with the entire European team to ensure a focused and successful direction.
While some investors are already well versed in financial metrics (hat tip), this article is for those who would like to learn about Return On Equity (ROE) and why it Read More...
PORTLAND, Oregon, Jan. 10, 2019 -- Schmitt Industries, Inc. (NASDAQ: SMIT) today announced its operating results for the second quarter of Fiscal 2019. Highlights of the three.
Schmitt Industries Inc (NASDAQ:SMIT), which has zero-debt on its balance sheet, can maximize capital returns by increasing debt due to its lower cost of capital. However, the trade-off is SMIT Read More...
Schmitt Industries, Inc. (SMIT) today announced a strategic reorganization that will position the company to capitalize on the growing SBS Balancer business, while streamlining the company and maximizing shareholder value through the disposition of non-core assets. The new Schmitt structure organizes the core SBS Balancer business under Donna Witkowski, who is being promoted to SBS President.
NEW YORK, Nov. 19, 2018 -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors,.
Both of Sententia's Nominees Elected To Replace Schmitt Directors Up For Election NEW YORK , Oct. 19, 2018 /PRNewswire/ -- Sententia Capital Management, LLC and its affiliates (collectively, "SENTENTIA" ...
NEW YORK, Oct. 1, 2018 /PRNewswire/ -- Sententia Capital Management, LLC and its affiliates (collectively, "SENTENTIA" or "we"), the beneficial owners of approximately 8.1% of the outstanding shares of common stock of Schmitt Industries, Inc. (SMIT) ("Schmitt" or the "Company"), today announced that, in a report issued on September 28, 2018, Institutional Shareholder Services ("ISS"), one of the world's leading independent proxy advisor firm, recommended that Schmitt shareholders "WITHOLD" votes from legacy director nominee Maynard E. Brown and vote "AGAINST" approval of Schmitt's say-on-pay proposal at the Company's annual meeting scheduled to be held on Friday, October 12, 2018, in Portland, Oregon.
Every investor in Schmitt Industries Inc (NASDAQ:SMIT) should be aware of the most powerful shareholder groups. Large companies usually have institutions as shareholders, and we usually see insiders owning sharesRead More...
NEW YORK, Sept. 17, 2018 /PRNewswire/ -- Sententia Capital Management, LLC and its affiliates (collectively, "SENTENTIA"), the beneficial owners of approximately 8.1% of the outstanding shares of common stock of Schmitt Industries, Inc. ("Schmitt" or the "Company") (SMIT) and one of the Company's largest shareholders, announced that it has delivered a letter to fellow Schmitt shareholders. Sententia believes Schmitt is comprised of good businesses, strong brands, an attractive long-term profile, and the ability to generate strong free cash flow.
NEW YORK, Aug. 22, 2018 /PRNewswire/ -- Sententia Capital Management, LLC ("Sententia"), one of the largest shareholders of Schmitt Industries, Inc. ("Schmitt" or the "Company") (SMIT) with ownership of approximately 7.5% of the outstanding shares, today announced that it has delivered a letter to Schmitt's Board of Directors. Sententia believes Schmitt is comprised of good businesses, strong brands, an attractive long-term profile, and the ability to generate strong free cash flow.
Schmitt Industries Inc designs, manufactures and sells computer-controlled vibration detection, balancing and process control systems for the machine tool industry, particularly for grinding machines. Warning! GuruFocus has detected 3 Warning Signs with SMIT. For the last quarter Schmitt Industries Inc reported a revenue of $3.80 million, compared with the revenue of $3.65 million during the same period a year ago.
LONDON, UK / ACCESSWIRE / July 24, 2018 / If you want access to our free earnings report on Badger Meter, Inc. (NYSE: BMI), all you need to do is sign up now by clicking the following link www.active-investors.com/registration-sg/?symbol=BMI. Badger Meter reported its second quarter fiscal 2018 operating and financial results on July 18, 2018. Active-Investors.com is currently working on the research report for Schmitt Industries, Inc. (NASDAQ: SMIT), which also belongs to the Technology sector as the Company Badger Meter.
NEW YORK, NY / ACCESSWIRE / July 20, 2018 / Both Alcoa and Schmitt Industries reported quarterly results this week. While Alcoa dropped on worries of tariff costs and its effects on the company, shares of Schmitt roared on the company's fourth quarter and full year 2018 results. Alcoa Corporation shares closed down 13.34% on nearly 20 million shares traded yesterday.
Each day, the Benzinga Pro news team highlights several stocks with Trading Idea potential. Be the first to see them by becoming a Benzinga Pro user ! Arcadia Biosciences Inc (NASDAQ: RKDA ) stock gained ...