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Smith & Wesson Stock Impressive Rise Before The Weekend, Outperforms Market

(VIANEWS) – The NASDAQ ended the session with Smith & Wesson rising 20.91% to $13.59 on Friday, following the last session’s downward trend. NASDAQ dropped 1.01% to $13,492.52, following the last session’s upward trend on what was an all-around negative trend exchanging session today.

Smith & Wesson’s last close was $11.24, 32.78% below its 52-week high of $16.72.

About Smith & Wesson

Smith & Wesson Brands, Inc. designs, manufactures, and sells firearms worldwide. The company offers handguns, including revolvers and pistols; long guns, such as modern sporting rifles, bolt action rifles; handcuffs; suppressors; and other firearm-related products under the Smith & Wesson, M&P, and Gemtech brands. It also provides manufacturing services comprising forging, heat treating, rapid prototyping, tooling, finishing, plating, machining, and custom plastic injection molding to other businesses under the Smith & Wesson and Smith & Wesson Precision Components brand names; and sells parts purchased through third parties. The company sells its products to firearm enthusiasts, collectors, hunters, sportsmen, competitive shooters, individuals desiring home and personal protection, law enforcement, security agencies and officers, and military agencies. It markets its products through independent dealers, retailers, in-store retails, and direct to consumers; print, broadcast, and digital advertising campaigns; social and electronic media; and in-store retail merchandising strategies. Smith & Wesson Brands, Inc. was founded in 1852 and is based in Springfield, Massachusetts.

Earnings Per Share

As for profitability, Smith & Wesson has a trailing twelve months EPS of $1.32.

PE Ratio

Smith & Wesson has a trailing twelve months price to earnings ratio of 10.3. Meaning, the purchaser of the share is investing $10.3 for every dollar of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 17.18%.

Growth Estimates Quarters

The company’s growth estimates for the ongoing quarter is a negative 67.1% and positive 14.3% for the next.

Revenue Growth

Year-on-year quarterly revenue growth declined by 27.4%, now sitting on 515.76M for the twelve trailing months.

Moving Average

Smith & Wesson’s value is way above its 50-day moving average of $12.11 and way above its 200-day moving average of $11.17.

More news about Smith & Wesson (SWBI).

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