Peel Hunt restated their buy rating on shares of Smart Metering Systems (LON:SMS) in a research report released on Tuesday, ThisIsMoney.Co.Uk reports.
Several other research analysts have also weighed in on SMS. Liberum Capital reissued a buy rating on shares of Smart Metering Systems in a research note on Thursday, August 1st. Barclays raised shares of Smart Metering Systems to an overweight rating and reduced their price objective for the stock from GBX 650 ($8.49) to GBX 545 ($7.12) in a research note on Tuesday, September 3rd.
Smart Metering Systems stock opened at GBX 318.60 ($4.16) on Tuesday. The company’s 50 day simple moving average is GBX 454.91 and its 200 day simple moving average is GBX 511.58. Smart Metering Systems has a fifty-two week low of GBX 437 ($5.71) and a fifty-two week high of GBX 676 ($8.83). The firm has a market capitalization of $358.58 million and a price-to-earnings ratio of 81.69. The company has a debt-to-equity ratio of 76.07, a current ratio of 0.36 and a quick ratio of 0.28.
Smart Metering Systems Company Profile
Smart Metering Systems plc, through its subsidiaries, connects, owns, operates, and maintains metering systems and databases on behalf of energy companies in the United Kingdom, Italy, and the Caribbean. It operates through three segments: Asset Management, Asset Installation, and Energy Management. The Asset Management segment engages in the regulated management of gas meters, electric meters, and ADM devices.
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