Smart Parking Ltd

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Smart Parking Ltd (SPZ) Price Performance

Smart Parking Ltd (SPZ) trades on Australian Securities Exchange in AUD. The company is classified in the Industrials sector under the Infrastructure Operations industry. The stock currently trades at AUD0.94, up 2.73% from the previous close.

Over the past year, SPZ has traded between a low of AUD0.76 and a high of AUD1.42. The stock has gained 23.7% over this period. It is currently 33.8% below its 52-week high.

Smart Parking Ltd has a market capitalization of $399.60M, with a price-to-earnings ratio of 95.00.

About Smart Parking Ltd

Smart Parking Limited, together with its subsidiaries, engages in the design, development, and management of parking management solutions in New Zealand, Australia, Denmark, Germany, and the United Kingdom. It operates through Parking Management, Technology, and Research and Development segments. The company provides parking management services for cars using automatic number plate recognition (ANPR) camera systems that are designed to monitor private car parks for businesses. It offers SmartCloud, a cloud-based car parking management platform that gathers and processes information; Compliance Management System, an app and online management platform designed to digitalize and streamline the manual patrol and processing of urban car parking footprints; pay and walk machines for people to either pay for their parking or validate their number plate; mobile patrol services for guiding and informing customers about parking related information; and Vehicle Detection Sensors, is designed to pick up the usage of individual car park bays. In addition, the company provides SmartApp, ANPR cameras, SmartSpot gateways, overhead guidance indicators, and enforcement management systems. It offers its solutions to councils & local authorities, hospitals & medical centres, hotels & hospitality, leisure & tourism, property managers & agents, places of worship, residential, restaurants & pubs, shopping centres & retail, supermarkets, and universities & educational environments. The company was formerly known as Car Parking Technologies Limited and changed its name to Smart Parking Limited in July 2013. The company is based in Port Melbourne, Australia.

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