Smartkem (NASDAQ:SMTK) Announces Earnings Results

Smartkem (NASDAQ:SMTK) announced its earnings results on Tuesday. The company reported ($1.20) earnings per share (EPS) for the quarter, Zacks reports.

Smartkem Stock Performance

Shares of SMTK opened at $3.01 on Tuesday. The business has a 50-day moving average of $2.81 and a 200-day moving average of $3.31. Smartkem has a 1 year low of $2.01 and a 1 year high of $16.00.

Smartkem Company Profile

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.