Smith-Midland (OTCMKTS:SMID) Stock Passes Above Fifty Day Moving Average of $8.72

Shares of Smith-Midland Co. (OTCMKTS:SMID) passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $8.72 and traded as high as $7.75. Smith-Midland shares last traded at $7.75, with a volume of 2,850 shares.

The company has a 50 day moving average price of $8.72 and a two-hundred day moving average price of $8.24. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.89 and a quick ratio of 1.69. The stock has a market cap of $39.76 million, a PE ratio of 16.15 and a beta of 0.65.

Smith-Midland (OTCMKTS:SMID) last issued its quarterly earnings data on Tuesday, May 14th. The construction company reported $0.06 EPS for the quarter. Smith-Midland had a return on equity of 10.64% and a net margin of 4.78%. The company had revenue of $10.19 million during the quarter.

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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