Smart-Tek Solutions Inc. (STTN) news stock charts
Smart-Tek Solutions Inc. (STTN/STTN.OB) Investment Summary:
Smart-tek Solutions, Inc. engages in the design and development of radio frequency identification integration, monitoring, and tracking solutions. The company involves in the design, sale, installation, and service of security electronic hardware and software products primarily in the Greater Vancouver Area, Canada. It offers access controls, alarm systems, closed circuit television systems, and intercom and data communication systems. The company?s projects range from residential and commercial developments to system upgrades and monitoring contracts. Its customers include developers, general and electrical contractors, hospitals, corporations, law enforcement agencies, and retail facilities. The company was incorporated in 1996 and is based in Reno, Nevada.www.smart-teksolutions.com
30 Employees
Founded in 1996
SMART-TEK SOLUTIONS INC (STTN:OTC Bulletin Board Market)
LAST $0.56 USD
CHANGE TODAY -0.042 -6.98%
VOLUME 480.4K
As of 5:20 PM 03/15/10 All times are local (Market data is delayed by at least 15 minutes).
Snapshot of SMART-TEK SOLUTIONS INC (STTN)
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OPEN
$0.62
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PREVIOUS CLOSE
$0.60
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DAY HIGH
$0.63
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DAY LOW
$0.54
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52 WEEK HIGH
03/16/09 - $1.00
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52 WEEK LOW
04/24/09 - $0.0020
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MARKET CAP
38.8M
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AVERAGE VOLUME 10 D
769.3K
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EPS TTM
$-0.12
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SHARES OUTSTANDING
69.3M
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STTN Does Not Pay Dividends
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P/E TTM
--
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Key developments for SMART-TEK SOLUTIONS INC (STTN)
Smart-Tek Solutions Inc. Provides Revenue Guidance for the Months January and February 2010 and Quarter Ending March 2010
02/26/2010
Smart-Tek Solutions Inc. provided revenue guidance for the months January and February 2010 and quarter ending March 2010. For the months, the companys gross revenues will be approximately $10 million. Based on this sales rate, the revenues for the March quarter should reflect a 15% increase compared to the quarter ending December 31, 2009. This increase reflects actual sales in January and February 2010 and projected revenue in March 2010.
Smart-Tek Solutions Inc. Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended December 31, 2009
02/22/2010
Smart-Tek Solutions Inc. reported unaudited consolidated earnings results for the second quarter and six months ended December 31, 2009. For the quarter, total revenue was $3,184,189 against $848,130 a year ago. Operating income was $550,417 against operating loss of $3,962 a year ago. Net income was $548,686 against net loss of $5,108 a year ago. Earnings per share, basic and diluted were $0.03 against $0.01 a year ago. Net cash used in operating activities was $21,835 against $255,099 a year ago. Capital expenditure on purchase of equipment was $14,751. For the six months, total revenue was $5,006,829 against $1,744,551 a year ago. Operating income was $387,754 against operating loss of $37,776 a year ago. Net income was $384,086 against net loss of $40,611 a year ago. Earnings per share, basic and diluted were $0.02 against $0.01 a year ago. Net cash flow from operating activities was $35,843 against $190,250 a year ago. Capital expenditure on purchase of equipment was $77,257 against $6,158 a year ago.
Smart-Tek Solutions Inc. announced delayed 10-Q filing
02/16/2010
On 02/16/2010, Smart-Tek Solutions Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC.
Smart-Tek Solutions Inc. financial resources
STTN Competitors
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Industry Analysis
| Valuation | STTN | Industry Range |
| Price/Earnings | 93.6x |
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| Price/Sales | 1.8x |
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| Price/Book | NM | Not Meaningful |
| Price/Cash Flow | 93.6x |
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| TEV/Sales | 6.2x |
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STTN |
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STTN transactions
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More Recent Financial News About Smart-Tek Solutions Inc.
Smart-Tek Signs Contract for $25 Million in Annual Gross Billings
2010-03-10 01:53:35
Quote: NEWPORT BEACH, Calif., March 9 /PRNewswire-FirstCall/ -- Smart-Tek Automated Services, Inc., a wholly owned subsidiary of Smart-Tek Solutions, Inc. (OTC Bulletin Board : STTN), said today that it has secured several contracts, which will add $25 million in additional gross billings in 2010, with gross reportable revenue (in compliance with GAAP) in excess of $4 million, subject to any adverse market changes.This revenue is attributed to the sales efforts of its newly opened Missouri office, as p...Read article
Grass Roots Research and Distribution, Inc. Issues a Positive Analysis and Summary of STTN With a Target $1.26 Target Price
2010-03-09 07:05:22
Quote: "Based on an average of these methods, STTN common stock is valued at $1.26 per share, 151.7% higher than current market price of $0.50." Â About Smart-Tek Solutions, Inc.: Smart-Tek Solutions, Inc., generates revenue from the installation of security systems in construction projects. Its board is currently in negotiations to sell its original business and focus entirely on the PEO business of its wholly owned subsidiary, in order to achieve the best value for its shareholders. Â The origina...Read article
Smart-Tek Predicts Gross Billings to Exceed $130 Million in Calendar 2010
2010-03-09 07:05:22
Quote: NEWPORT BEACH, Calif., March 8 /PRNewswire/ -- Smart-Tek Automated Services, Inc., a wholly owned subsidiary of Smart-Tek Solutions, Inc. (OTC Bulletin Board : STTN), said today that it is poised to report projected gross billings of $130 million for calendar year 2010, with gross reportable revenue (in compliance with GAP) in excess of $18 million, subject to any adverse market changes.Smart-Tek Automated Services, Inc. (Smart-Tek) recently entered the PEO industry, enabling its clients to cost...Read article
Smart-Tek Solutions, Inc. Projects Gross Revenues of $10 Million for January & February 2010
2010-03-01 05:45:06
Quote: Â Perry Law, CEO of Smart-Tek Solutions, Inc., states, "We are very pleased with the progress of our new business venture and are optimistic that the continuing performance during 2010 will be strong. Â Smart-Tek Solutions' current product offering also provides a time and attendance feature that will be utilized within our PEO business segment." Â The beginning of the year is traditionally a time of change for PEOs, as most experience some level of attrition. Â It appears that Smart-Tek...Read article
Smart-Tek Solutions, Inc. Reports Sales Increase 187 Percent; Earnings Increase 1,046 Percent Over the Prior Year Period.
2010-02-24 10:09:01
Quote: Â Sales on using the gross method of revenue reporting would have been $27 million and $19 million for the six and three months ended December 31, 2009.Brian Bonar, CEO, commented that these results exceeded expectations; however, he expects continued growth with cost control measures in place to maintain this current performance and meet growth expectations.Complete financial statements (unaudited) with notes thereto are provided with the Company's Form 10Q filed with the Securities and Excha...Read article
SMART-TEK SOLUTIONS INC Files SEC form 10-Q, Quarterly Report
2010-02-23 06:29:11
Quote: Except as
required by applicable law, including the securities laws of the United States,
we do not intend to update any of the forward-looking statements to conform
these statements to actual results.
Our financial statements are stated in United States dollars (US$) and are
prepared in accordance with United States Generally Accepted Accounting
Principles.
In this quarterly report, unless otherwise specified, all dollar amounts are
expressed in United States dollars.
As used in this quarterly ...Read article
Smart-Tek Automated Services, Inc. Continues Expansion Efforts - Opens Office in Colorado
2010-02-23 06:29:11
Quote: Read article
Smart-Tek Automated Services Inc. Expands National Footprint -- Opens Office in New Jersey
2010-02-22 01:28:58
Quote: 27 /PRNewswire-FirstCall/ -- Responding to an overwhelming demand, Smart-Tek Automated Services Inc., a subsidiary of Smart-Tek Solutions Inc. (OTC Bulletin Board: STTN) has opened an office in Marlton, NJ.Smart-Tek is opening this office with a significant book of business in New York, New Jersey & Pennsylvania. Â "These areas offer a tremendous opportunity for Smart-Tek, given the number of small to medium sized businesses in this region. Â As we expand our national footprint, this new...Read article
Smart-Tek Implements Healthcare Initiative
2010-02-22 01:28:58
Quote: 21 /PRNewswire-FirstCall/ -- Smart-Tek Automated Services Inc., a subsidiary of Smart-Tek Solutions Inc. (OTC Bulletin Board : STTN) is rolling out its healthcare initiative for 2010. Â Smart-Tek has put together a comprehensive product offering and has chosen Aflac for the electronic administration of employee benefits in a company-wide implementation beginning February 11.Kelly Mowrey, COO of Smart-Tek, said that the company is offering an affordable benefits package that provides much-neede...Read article
Smart-Tek Automated Services, Inc. Continues Expansion Efforts - Opens Office in Colorado
2010-02-22 01:28:57
Quote: Read article
Smart-Tek Automated Services Inc. Implements High Performance PEO Software
2010-02-22 01:28:57
Quote: 3 /PRNewswire-FirstCall/ -- Smart-Tek Automated Services Inc., a subsidiary of Smart-Tek Solutions, Inc. (OTC Bulletin Board : STTN) has signed a leasing agreement to use a high performance PEO software that integrates payroll, human resources, benefits administration, billing and accounts receivable. Â Brian Bonar, CEO of Smart-Tek Automated Services, Inc. said, "The decision to partner with F.W. Davison was based on our need to utilize technology that has product and platform scalability and...Read article
Smart-Tek Automated Services Inc. Implements High Performance PEO Software
2010-02-05 06:05:44
Quote: 3 /PRNewswire-FirstCall/ -- Smart-Tek Automated Services Inc., a subsidiary of Smart-Tek Solutions, Inc. (OTC Bulletin Board : STTN) has signed a leasing agreement to use a high performance PEO software that integrates payroll, human resources, benefits administration, billing and accounts receivable. Â Brian Bonar, CEO of Smart-Tek Automated Services, Inc. said, "The decision to partner with F.W. Davison was based on our need to utilize technology that has product and platform scalability and...Read article
Smart-Tek Automated Services Inc. Expands National Footprint -- Opens Office in New Jersey
2010-01-28 03:43:16
Quote: 27 /PRNewswire-FirstCall/ -- Responding to an overwhelming demand, Smart-Tek Automated Services Inc., a subsidiary of Smart-Tek Solutions Inc. (OTC Bulletin Board: STTN) has opened an office in Marlton, NJ.Smart-Tek is opening this office with a significant book of business in New York, New Jersey & Pennsylvania. Â "These areas offer a tremendous opportunity for Smart-Tek, given the number of small to medium sized businesses in this region. Â As we expand our national footprint, this new...Read article
Smart-Tek Implements Healthcare Initiative
2010-01-22 03:24:57
Quote: 21 /PRNewswire-FirstCall/ -- Smart-Tek Automated Services Inc., a subsidiary of Smart-Tek Solutions Inc. (OTC Bulletin Board : STTN) is rolling out its healthcare initiative for 2010. Â Smart-Tek has put together a comprehensive product offering and has chosen Aflac for the electronic administration of employee benefits in a company-wide implementation beginning February 11.Kelly Mowrey, COO of Smart-Tek, said that the company is offering an affordable benefits package that provides much-neede...Read article
Smart-Tek Automated Services Inc. Names COO
2010-01-14 04:43:46
Quote: 12 /PRNewswire-FirstCall/ -- Smart-Tek Automated Services Inc., a subsidiary of Smart-Tek Solutions Inc. (OTC Bulletin Board : STTN) has appointed Kelly Mowrey as COO.Mowrey, who received BA from Stephens College, Magna Cum Laude, has over nine years experience in the PEO and Staffing Industry. Mowrey, most recently served as the Vice President of Corporate Sales for Allegiant Professional Business Services, Inc. In this role, Mowrey significantly increased by targeting large staffing firms and ...Read article
Smart-Tek Automated Services Inc. Opens Strategic Los Angeles Office;
2010-01-14 04:43:46
Quote: 5 /PRNewswire-FirstCall/ -- Smart-Tek Automated Services Inc., a subsidiary of Smart-Tek Solutions Inc. (OTC Bulletin Board : STTN) has opened an office in Los Angeles based in the China Mart facility.China Mart Investment Group, Inc., a company that facilitates the entry into the US marketplace of China-based organizations, offers decades of business experience in the U.S. and China for product exhibition, product tryout and commercial space. Its webpage is chinamartusa.com."Smart-Tek, as a pre...Read article
Smart-Tek Automated Services Inc. Names COO
2010-01-13 01:52:18
Quote: 12 /PRNewswire-FirstCall/ -- Smart-Tek Automated Services Inc., a subsidiary of Smart-Tek Solutions Inc. (OTC Bulletin Board : STTN) has appointed Kelly Mowrey as COO.Mowrey, who received BA from Stephens College, Magna Cum Laude, has over nine years experience in the PEO and Staffing Industry. Mowrey, most recently served as the Vice President of Corporate Sales for Allegiant Professional Business Services, Inc. In this role, Mowrey significantly increased by targeting large staffing firms and ...Read article
Smart-Tek Solutions Inc. Enters Into New Line of Business and Signs Marketing Partner Agreement
2010-01-12 03:49:34
Quote: Read article
Smart-Tek Appoints New Director and Issuance of Shares Under Marketing Partner Agreement
2010-01-12 03:49:33
Quote: Bonar.About Smart-Tek Automated Services, Inc.:Smart-Tek Solutions Inc.'s wholly owned subsidiary Smart-Tek Automated Services, Inc. was formed in February 2009, provides financial services to small and medium-size businesses, relieving its clients from many of the day-to-day tasks that impact their core business operations, such as payroll processing, human resources support, workers' compensation insurance, safety programs, employee benefits, and other administrative and aftermarket services p...Read article
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