Schmitt Industries (NASDAQ:SMIT) Shares Cross Above Two Hundred Day Moving Average – Here’s Why

Schmitt Industries, Inc. (NASDAQ:SMITGet Free Report) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $0.02 and traded as high as $0.02. Schmitt Industries shares last traded at $0.02, with a volume of 750 shares.

Schmitt Industries Stock Performance

The firm’s 50 day simple moving average is $0.02 and its 200-day simple moving average is $0.02.

Schmitt Industries Company Profile

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Schmitt Industries, Inc, together with its subsidiaries, designs, manufactures, and sells test and measurement products worldwide. The company operates through two segments, Measurement and Ice Cream. The Measurement segment designs, manufactures, and sells laser and confocal chromatic white light sensors for distance measurement and dimensional sizing products under the Acuity brand name for various industrial applications, including manufacturing, lumber production, steel casting, glass and paper production, medical imaging, crane control and micron-level part, and surface inspection.

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