SMIT - Schmitt Industries Inc.

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SMIT Profile

Schmitt Industries Inc. (SMIT) is a technology company that designs, manufactures, and sells measurement and process control systems for a variety of applications. The company's products include laser-based measurement systems, dimensional measurement gauges, and surface measurement systems, among others. Schmitt Industries is headquartered in Portland, Oregon and has operations in the United States and other countries.

As of its last market close, SMIT had a market capitalization of approximately $26 million USD. The company had a trailing twelve-month revenue of approximately $10 million USD and a net loss of approximately $2.2 million USD. SMIT's stock price had a 52-week range of $1.30 - $3.00 USD and was trading at approximately $1.79 USD at the time of its last market close.

Schmitt Industries is focused on expanding its product offerings and increasing its market share in its core markets. The company is also exploring new markets and applications for its products, particularly in the aerospace and defense industries.

Investing in SMIT carries risks, including risks associated with changes in technology and customer preferences, as well as risks associated with competition and market conditions. Additionally, SMIT is a small-cap company and may be subject to greater volatility than larger companies. Investors should carefully consider these risks before making any investment decisions.

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