SMX (Security Matters) Public (NASDAQ:SMX) Stock Price Up 48.5%

SMX (Security Matters) Public Limited (NASDAQ:SMX) was up 48.5% during mid-day trading on Tuesday . The stock traded as high as $4.54 and last traded at $3.29. Approximately 29,046,771 shares were traded during trading, an increase of 10,502% from the average daily volume of 273,965 shares. The stock had previously closed at $2.22.

SMX (Security Matters) Public Stock Performance

The company has a 50-day moving average of $4.61 and a two-hundred day moving average of $9.13. The company has a debt-to-equity ratio of 0.03, a quick ratio of 0.04 and a current ratio of 0.04.

Institutional Investors Weigh In On SMX (Security Matters) Public

An institutional investor recently bought a new position in SMX (Security Matters) Public stock. Virtu Financial LLC bought a new position in SMX (Security Matters) Public Limited (NASDAQ:SMX) during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 303,942 shares of the company’s stock, valued at approximately $39,000. Virtu Financial LLC owned approximately 10.41% of SMX (Security Matters) Public as of its most recent filing with the Securities and Exchange Commission (SEC). 15.74% of the stock is owned by institutional investors and hedge funds.

About SMX (Security Matters) Public

SMX (Security Matters) Public Limited Company, through its subsidiaries, engages in the development and commercialization of track and trace technologies for various industries. It owns and commercializes technology to mark various objects, such as solid, liquid, or gas allowing identification, circularity, proof of authenticity, tracking supply chain movements, and quality assurance.