Liberum Capital reissued their buy rating on shares of Smart Metering Systems (LON:SMS) in a research note published on Thursday, ThisIsMoney.Co.Uk reports.
Several other analysts also recently issued reports on SMS. Barclays increased their price objective on shares of Smart Metering Systems from GBX 640 ($8.36) to GBX 650 ($8.49) and gave the company an equal weight rating in a research report on Friday, April 5th. Peel Hunt reaffirmed a buy rating on shares of Smart Metering Systems in a research report on Monday, June 17th. One investment analyst has rated the stock with a hold rating and three have given a buy rating to the stock. The company presently has an average rating of Buy and a consensus price target of GBX 802.50 ($10.49).
LON:SMS traded down GBX 4.80 ($0.06) during trading hours on Thursday, hitting GBX 478.20 ($6.25). The stock had a trading volume of 449,713 shares, compared to its average volume of 213,179. The company has a debt-to-equity ratio of 76.07, a quick ratio of 0.28 and a current ratio of 0.36. Smart Metering Systems has a 1-year low of GBX 474.40 ($6.20) and a 1-year high of GBX 676 ($8.83). The firm has a 50 day simple moving average of GBX 515.53. The company has a market capitalization of $538.21 million and a P/E ratio of 122.62.
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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