Is Stein Mart Inc. (NASDAQ:SMRT) living on borrowed time?

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Stein Mart, Inc. (NASDAQ:SMRT)‘s shares have oscillated between a high of $-87.13% and a low of $-33.14% over the last 12 months.

For the last 50 days, the stock has risen to a peak price of $-64.51% and hit a bottom of $-33.14%.

The Barchart Technical Opinion rating is a 100% Sell and ranks in the Top 1% of all short term signal directions. Longer term, the trend strength is in the Top 1%. Long term indicators fully support a continuation of the trend. The market is in highly oversold territory. Beware of a trend reversal.

Recently, Stein Mart, Inc. (NASDAQ:SMRT) announced that the Company granted its newly hired President, MaryAnne Morin, an option to purchase 500,000 shares of the company’s common stock with a per share exercise price of $3.72, the closing price on the grant date. The option will vest as to 20% of the total number of shares subject to the option on the first anniversary of the grant date and then 20% in each of the years following with 100% vesting occurring on the fifth year anniversary of this grant. The stock option was issued as an inducement material to the new employee entering into employment with the Company. The award was approved by the Company’s independent Compensation Committee as an inducement award in accordance with NASDAQ Listing Rule 5635(c)(4).

On moving volumes measurements, the stock’s 20-Day Simple Moving Average price is $-49.62%, 50-Day Simple Moving Average is $-55.24% and 200-Day Simple Moving Average is $-76.72%.

The stock is now moved -78.82% for the year. Over the last six months it has moved -82.28%%, compared with a movement of -68.29% for the quarter, -54.62% for the month and -49.33% for the week.

The average volume, usually a measurement of three months average, is 741.19K. Relative volume on the other hand is 10.71. In total, Stein Mart, Inc. has 54.88M shares outstanding, with 31.18M of them being free float shares.

The stock’s short float stands at 15.20%, working out to a short ratio of 6.39.

Institutional investors own 48.70% of Stein Mart, Inc.?s equity, while insiders own 4.50% of the stock. In the last couple of months, the stock has seen 0.00% institutional investor transactions, compared to 1.58% insider transactions.

How have the investors seen their investment in the stock change? Stein Mart, Inc.’s return on equity for the trailing 12 months is 0.50%% and return on investments for a similar period calculates to 1.70%%. The company posted return on assets of 0.10%% for the same trailing 12 months period.

Does Stein Mart, Inc. have the ability to keep its doors open ? at least over the short-term? The compay?s current ratio at the end of the most recent quarter was 1.70, while quick ratio for the same period was 0.20.

For the matters of debt, the company’s Long Term Debt/Equity for the most recent quarter was 2.44 and Total Debt/Equity for the same period was 2.59.

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