Schmitt Industries, Inc. (SMIT:NASDAQ) closed at $0.015 on October 23, 2026, unchanged on the day. It is trading at its 52-week low of $0.015. Schmitt Industries, Inc. is part of the Capital Goods sector (Industrial Machinery/Components).
In 252 trading sessions since October 28, 2025, SMIT closed higher on 9 days (4%). Its best day was April 7, 2026 (+168.67%) and its worst was April 21, 2026 (-62.78%). The stock moved 10% or more in a single session 14 times. It opened at least 5% above the previous day's high 9 times.
Schmitt Industries, Inc., together with its subsidiaries, designs, manufactures, and sells test and measurement products worldwide. The company's Balancer segment offers computer-controlled vibration detection, balancing, and process control systems. Its products comprise Schmitt Dynamic Balance System, which consists of a vibration sensor, a computer control unit, and a balance head; an optional acoustic emission monitoring system (AEMS) control card to monitor the AE signals generated on the grinding machine; process control cards to provide enhanced control of the grinding process; SB-2000, a compact manual balancing system; and AE-1000, an AE control platform, which reduces air machine grinding time. This segment sells its products to end user operators, as well as manufacturers of grinding machines for automotive, industrial, aerospace, and medical industries through independent manufacturers' representatives and distributors. Its Measurement segment provides laser and white light sensors for distance, dimensional, and area measurement for various commercial applications; laser-based micro-roughness measurement products for the semiconductor wafer, hard disk drive, and other i...
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