Smartkem (NASDAQ:SMTK) Issues Quarterly Earnings Results

Smartkem (NASDAQ:SMTK) issued its quarterly earnings results on Tuesday. The company reported ($1.20) EPS for the quarter, Zacks reports. The firm had revenue of $0.04 million for the quarter.

Smartkem Stock Down 2.8 %

Shares of SMTK opened at $2.82 on Thursday. The stock’s 50-day moving average price is $2.78 and its two-hundred day moving average price is $3.28. Smartkem has a 12 month low of $2.01 and a 12 month high of $16.00.

About Smartkem

SmartKem, Inc engages in the development of materials and processes used to make organic thin-film transistors for the manufacture of flexible electronic. It focuses on Truflex semiconductor technology that deposits organic ink on a substrate. The company was founded on September 21, 2018 and is headquartered in Blackley, the United Kingdom.