May 26, 2022

News Spotlight: SmartFinancial (NASDAQ:SMBK)

SmartFinancial (NASDAQ:SMBK) stock experienced trading -44.60% off 52-week high price. On the other end, the stock has been noted 20.27% away from low price over the last 52-weeks. The stock disclosed a move of -16.44% away from 50 day moving average and -34.42% away from 200 day moving average. Moving closer, we can see that shares have been trading -1.50% off 20-day moving average. It has market cap of $204.27M and dividend yield of 1.50%.

On April 24, 2020, SmartFinancial (NASDAQ:SMBK) the parent company for SmartBank, reported that its board of directors has approved a regular quarterly dividend.

On April 23, 2020, the board of directors of SmartFinancial declared a quarterly cash dividend of $0.05 per share of SmartFinancial common stock payable on May 25, 2020 to shareholders of record as of the close of business on May 8, 2020.

About SmartFinancial

SmartFinancial, based in Knoxville, Tennessee, is the publicly-traded bank holding company for SmartBank. SmartBank is a full-service commercial bank founded in 2007 with 35 branches spanning East and Middle Tennessee, Alabama and the Florida Panhandle. Recruiting the best people, delivering exceptional client service, strategic branching, and a disciplined approach to lending have all contributed to the company’s success.  The USA based company SmartFinancial moved with change of 4.48% to $13.29 with the total traded volume of 11185 shares in recent session versus to an average volume of 40.09K. The stock was observed in the 5 days activity at 2.31%. The one month performance of stock was 0.61%. SMBK’s shares are at -42.79% for the quarter and driving a -37.28% return over the course of the past year and is now at -43.81% since this point in 2018.  Right now the stock beta is 0.71. The average volatility for the week and month was at 5.82% and 10.87% respectively. There are 15.37M shares outstanding and 13.89M shares are floated in market.

Dennis Morris writes related to the Business Category. He manages to cover anything thrown at him in these two verticals owing to his natural inclination towards Business. Dennis is our freelance contributor. He is responsible for covering developments in finance and business categories.