Serve Robotics Inc (NASDAQ: SERV) is 21.56% higher on its value in year-to-date trading and has touched a low of $1.77 and a high of $37.00 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The SERV stock was last observed hovering at around $14.78 in the last trading session, with the day’s gains setting it 1.63%.
Currently trading at $16.41, the stock is 2.43% and 35.30% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 13.83 million and changing 11.03% at the moment leaves the stock 109.30% off its SMA200. SERV registered a gain of 613.48% in past 6-months. The firm has a 50-day simple moving average (SMA 50) of $12.0277 and a 200-day simple moving average (SMA200) of $7.780875.
The stock witnessed a 32.55% loss in the last 1 month and extending the period to 3 months gives it a 89.06%, and is -28.31% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 15.26% over the week and 18.71% over the month.
Serve Robotics Inc (SERV) has around 67 employees, a market worth around $796.03M and $1.68M in sales. Profit margin for the company is -1973.07%. Distance from 52-week low is 827.12% and -55.65% from its 52-week high. The company has generated returns on investments over the last 12 months (-58.84%).
with sales reaching $254.02k over the same period.
Serve Robotics Inc (SERV) Top Institutional Holders
57.0 institutions hold shares in Serve Robotics Inc (SERV), with institutional investors hold 21.05% of the company’s shares. The shares outstanding are 42.84M, and float is at 27.60M with Short Float at 13.76%. Institutions hold 16.06% of the Float.
Serve Robotics Inc (SERV) Insider Activity
The most recent transaction is an insider sale by Abraham Euan, the company’s Chief Hardware & Mftg Offcr. SEC filings show that Abraham Euan sold 260 shares of the company’s common stock on Jan 07 ’25 at a price of $19.28 per share for a total of $5012.0. Following the sale, the insider now owns 0.15 million shares.
Serve Robotics Inc disclosed in a document filed with the SEC on Jan 07 ’25 that Parang Touraj (President & COO) sold a total of 305 shares of the company’s common stock. The trade occurred on Jan 07 ’25 and was made at $19.53 per share for $5957.0. Following the transaction, the insider now directly holds 1.16 million shares of the SERV stock.
Still, SEC filings show that on Jan 07 ’25, Kashani Ali (Chief Executive Officer) disposed off 1,425 shares at an average price of $19.53 for $27828.0. The insider now directly holds 3,229,565 shares of Serve Robotics Inc (SERV).
