Schmitt Industries, Inc. (SMIT)

OTCMKTS · Delayed Price · Currency is USD
0.0150
0.00 (0.00%)
May 28, 2026, 4:00 PM EST
Market Cap56.80K -98.3%
Revenue (ttm)9.89M +76.7%
Net Income-3.28M
EPS-0.86
Shares Out 3.79M
PE Ration/a
Forward PEn/a
Dividendn/a
Ex-Dividend Daten/a
Volume411
Open0.0155
Previous Close0.0150
Day's Range0.0150 - 0.0155
52-Week Range0.0003 - 0.0403
Beta0.12
Analystsn/a
Price Targetn/a
Earnings Daten/a

About Schmitt Industries

Schmitt Industries, Inc., together with its subsidiaries, designs, manufactures, and sells test and measurement products worldwide. It operates through two segments, Measurement and Ice Cream. The Measurement segment designs, manufactures, and sells test and measurement products through its Acuity and Xact product lines. The Ice Cream segment invests in creamery manufacturing and consumer retailing through its Ample Hills Creamery product line. Schmitt Industries, Inc. was incorporated in 1984 and is headquartered in Portland, Oregon. [Read more]

Sector Technology
Founded 1984
Employees 157
Stock Exchange OTCMKTS
Ticker Symbol SMIT
Full Company Profile

News

Schmitt Investor Alert

Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $100,000 In Schmitt To Contact Him Directly To Discuss Their OptionsNew York, New York--(Newsfile C...

3 years ago - Newsfile Corp

Schmitt Industries announces Ample Hills furlough

Schmitt Industries announced that Ample Hills Creamery will be shutting down operations for at least a week, effective immediately. This action is required while the company seeks the additional inves...

3 years ago - TheFly

SCHMITT INDUSTRIES ANNOUNCES AMPLE HILLS FURLOUGH

PORTLAND, Ore. , Dec. 19, 2022 /PRNewswire/ -- Schmitt Industries, Inc. (NASDAQ: SMIT) today announced that Ample Hills Creamery will be shutting down operations for at least a week, effective immedia...

3 years ago - PRNewsWire

SCHMITT INDUSTRIES APPOINTS KRISTI FRANK TO ITS BOARD

PORTLAND, Ore. , Nov. 16, 2022 /PRNewswire/ -- Schmitt Industries, Inc. (NASDAQ: SMIT) today announced the appointment of Kristi Frank as the fourth member of the Company's Board of Directors (the "Bo...

3 years ago - PRNewsWire

SCHMITT INDUSTRIES PROVIDES COMPANY UDPATES AND INFORMATION ON NASDAQ DEFICIENCY NOTICES

PORTLAND, Ore. , Oct. 20, 2022 /PRNewswire/ -- Schmitt Industries, Inc. (NASDAQ: SMIT) (the "Company" or "Schmitt") provides updates following its recent 10-K filing, and discusses its proposed rights...

3 years ago - PRNewsWire

The Law Offices of Frank R. Cruz Announces Investigation of Schmitt Industries, Inc. (SMIT) on Behalf of Investors

LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces an investigation of Schmitt Industries, Inc. (“Schmitt” or the “Company”) (NASDAQ: SMIT) on behalf of investors concerning the ...

4 years ago - Business Wire

SCHMITT INDUSTRIES DISCLOSES NOTICE FROM NASDAQ, RESTATEMENT OF PREVIOUSLY ISSUED FINANCIAL STATEMENTS AS OF AND FOR EACH OF THE FIRST THREE QUARTERLY PERIODS OF FISCAL 2022 AND THE TERMINATION OF TERM SHEET

PORTLAND, Ore. , Sept. 20, 2022 /PRNewswire/ -- On September 14, 2022, Schmitt Industries, Inc. (NASDAQ: SMIT) (the "Company" or "Schmitt") received written notice from the Listing Qualifications Depa...

4 years ago - PRNewsWire

SCHMITT INDUSTRIES COMMENTS ON POTENTIAL TRANSACTION WITH PROTON GREEN

PORTLAND, Ore. , July 25, 2022 /PRNewswire/ -- Schmitt Industries, Inc. (NASDAQ: SMIT) (the "Company" or "Schmitt") in response to certain questions regarding the announcement of the potential reverse...

4 years ago - PRNewsWire

VVC Portfolio Company, Proton Green, Plans for "Reverse Merger" with Nasdaq Listed Company

Poised To Be One of The Leading Helium and Hydrogen Production and Carbon Sequestration Hubs in North America Poised To Be One of The Leading Helium and Hydrogen Production and Carbon Sequestration Hu...

4 years ago - GlobeNewsWire

SCHMITT INDUSTRIES ENTERS INTO TERM SHEET WITH PROTON GREEN

Term sheet for reverse takeover transaction for one of the leading helium and hydrogen production and carbon sequestration hubs in North America PORTLAND, Ore. , July 20, 2022 /PRNewswire/ -- Schmitt ...

4 years ago - PRNewsWire

SCHMITT INDUSTRIES CLOSES SALE AGREEMENT FOR NICOLAI STREET PROPERTY

PORTLAND, Ore. , July 18, 2022 /PRNewswire/ -- Schmitt Industries, Inc. (NASDAQ: SMIT) (the "Company" or "Schmitt") announces that it has closed the Real Estate Purchase and Sale Agreement (the "Sale ...

4 years ago - PRNewsWire

SCHMITT INDUSTRIES PROVIDES AMPLE HILLS AND CORPORATE UPDATES

PORTLAND, Ore. , June 16, 2022 /PRNewswire/ -- Schmitt Industries, Inc. (NASDAQ: SMIT) (the "Company" or "Schmitt") today provided an update on Ample Hills and strategic transactions.

4 years ago - PRNewsWire

SCHMITT INDUSTRIES ENTERS INTO SALE AGREEMENT FOR NICOLAI STREET PROPERTY

PORTLAND, Ore. , June 7, 2022 /PRNewswire/ -- Schmitt Industries, Inc. (NASDAQ: SMIT) (the "Company" or "Schmitt") announces that it has entered into a Real Estate Purchase and Sale Agreement (the "Sa...

4 years ago - PRNewsWire

SCHMITT INDUSTRIES ANNOUNCES IT HAS ENTERED INTO LOI FOR XACT ASSETS

PORTLAND, Ore. , May 18, 2022 /PRNewswire/ -- Schmitt Industries, Inc. (NASDAQ: SMIT) (the "Company" or "Schmitt") announced that it has entered into a letter of intent to sell all assets related to i...

4 years ago - PRNewsWire

SCHMITT ANNOUNCES FY22 Q3 RESULTS AND STRATEGIC INTENTION TO FOCUS ON AMPLE HILLS CREAMERY

PORTLAND, Ore. , April 14, 2022 /PRNewswire/ -- Schmitt Industries, Inc. (NASDAQ: SMIT) (the "Company" or "Schmitt") today announced its results for the third quarter of fiscal year 2022.

4 years ago - PRNewsWire

Pineapple Energy Enhances Board of Directors in Preparation for Public Listing

--Two New Appointments Rounds Out Board to Seven Members—

4 years ago - GlobeNewsWire

ACUITY ANNOUNCES NEW 8-INCH TOUCH PANEL DISPLAY

PORTLAND, Ore., Jan. 18, 2022 /PRNewswire/ -- Schmitt Industries' (NASDAQ: SMIT) Acuity Laser is excited to announce the new 8-inch Touch Panel Display.

4 years ago - PRNewsWire

Schmitt Announces Second Quarter Fiscal 2022 Operating Results

PORTLAND, Ore., Jan. 14, 2022 /PRNewswire/ -- Schmitt Industries, Inc. (NASDAQ: SMIT) (the "Company" or "Schmitt") today announced its operating results for the fiscal quarter ended November 30, 2021.

4 years ago - PRNewsWire

SCHMITT INDUSTRIES ANNOUNCES NEW XRC Cellular Tank Monitor

PORTLAND, Ore., Dec. 16, 2021 /PRNewswire/ -- Schmitt Industries, Inc. (NASDAQ: SMIT) today announced its Xact™ Tank Monitoring Solutions ("Xact") business line, a leading provider of satellite-connec...

4 years ago - PRNewsWire

Schmitt Industries Annual Meeting and Update to be Held December 10, 2021

PORTLAND, Ore., Nov. 23, 2021 /PRNewswire/ -- Schmitt Industries, Inc. (NASDAQ: SMIT) (the "Company" or "Schmitt") reminds its shareholders that Schmitt's 2021 annual meeting (the "Annual Meeting") wi...

4 years ago - PRNewsWire

Activist Investing LLC Announces 9.9% Ownership Interest in Schmitt Industries, Inc.

NEW YORK, Nov. 19, 2021 (GLOBE NEWSWIRE) -- Activist Investing LLC (together with its affiliates, “Activist Investing” or “we”), today announced the acquisition of approximately 9.9% of the outstandin...

4 years ago - GlobeNewsWire

Schmitt Industries Completes Sale of 28th Street Property

PORTLAND, Ore., Nov. 11, 2021 /PRNewswire/ -- Schmitt Industries, Inc. (NASDAQ: SMIT) today announced the sale of the 28th Street building for $5.1 million with net proceeds of $4.7 million.

4 years ago - PRNewsWire

Schmitt Industries Announces New AR2700 Long-Range Sensor

PORTLAND, Ore., Oct. 27, 2021 /PRNewswire/ -- Schmitt Industries' (NASDAQ: SMIT) Acuity Laser is proud to announce the AR2700 High-Speed Long-Range Sensor, their highest speed long range sensor to dat...

4 years ago - PRNewsWire

Schmitt Industries Appoints Alex Zyngier to its Board

PORTLAND, Ore., Oct. 22, 2021 /PRNewswire/ -- Schmitt Industries, Inc. (NASDAQ: SMIT) today announced the appointment of Alex Zyngier as the fifth member of the Company's Board of Directors (the "Boar...

5 years ago - PRNewsWire

Schmitt Announces First Quarter Fiscal 2022 Operating Results

PORTLAND, Ore., Oct. 20, 2021 /PRNewswire/ -- Schmitt Industries, Inc. (NASDAQ: SMIT) (the "Company" or "Schmitt") today announced its operating results for the fiscal quarter ended August 31, 2021.

5 years ago - PRNewsWire