Smith-Midland Corp (SMID) shares have reached an all-time high, touching $49.39 in a remarkable display of the company's market performance over the past year. According to InvestingPro analysis, the stock's RSI indicates overbought territory, while the company maintains a "GREAT" overall financial health score. This milestone underscores a period of significant growth for the concrete products manufacturer, reflecting investor confidence and a strong business trajectory. The ascent to this record price level is even more impressive considering the stock's 1-year change, which shows an exceptional increase of 58.22%. Supporting this growth is the company's impressive 32.4% revenue growth over the last twelve months. This substantial year-over-year appreciation in SMID's stock price highlights the company's successful expansion strategies and its ability to capitalize on market opportunities, marking it as a standout performer in its sector. (InvestingPro subscribers have access to 15 additional insights about SMID's valuation and growth prospects.)
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