Liberum Capital Reaffirms “Buy” Rating for Smart Metering Systems (LON:SMS)

Liberum Capital reaffirmed their buy rating on shares of Smart Metering Systems (LON:SMS) in a report published on Friday morning, Stock Target Advisor reports.

Several other equities research analysts also recently issued reports on SMS. Barclays upgraded Smart Metering Systems to an overweight rating and dropped their price objective for the stock from GBX 650 ($8.49) to GBX 545 ($7.12) in a report on Tuesday, September 3rd. Peel Hunt reaffirmed a buy rating on shares of Smart Metering Systems in a research report on Tuesday, September 17th.

SMS traded up GBX 11 ($0.14) on Friday, reaching GBX 532 ($6.95). The company’s stock had a trading volume of 167,088 shares, compared to its average volume of 213,179. The stock has a market cap of $600.05 million and a price-to-earnings ratio of -110.83. Smart Metering Systems has a 1 year low of GBX 308 ($4.02) and a 1 year high of GBX 676 ($8.83). The company has a debt-to-equity ratio of 108.59, a current ratio of 2.56 and a quick ratio of 2.14. The business’s 50 day moving average is GBX 497.38 and its 200 day moving average is GBX 478.14.

The business also recently declared a dividend, which was paid on Friday, November 22nd. Investors of record on Thursday, October 24th were issued a GBX 2.30 ($0.03) dividend. The ex-dividend date was Thursday, October 24th. This represents a yield of 0.64%. Smart Metering Systems’s dividend payout ratio is presently -1.25%.

About Smart Metering Systems

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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