Serve Robotics Inc (NASDAQ: SERV) is 29.70% 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 $16.57 in the last trading session, with the day’s gains setting it 0.94%.
Currently trading at $17.51, the stock is -0.28% and 28.15% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 5.34 million and changing 5.67% at the moment leaves the stock 107.38% off its SMA200. SERV registered a gain of 32.45% in past 6-months. The firm has a 50-day simple moving average (SMA 50) of $13.4857 and a 200-day simple moving average (SMA200) of $8.3789.
The stock witnessed a 23.83% loss in the last 1 month and extending the period to 3 months gives it a 83.54%, and is -9.79% 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 13.71% over the week and 16.49% over the month.
Serve Robotics Inc (SERV) has around 67 employees, a market worth around $849.39M and $1.68M in sales. Profit margin for the company is -1973.07%. Distance from 52-week low is 889.27% and -52.68% 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
66.0 institutions hold shares in Serve Robotics Inc (SERV), with institutional investors hold 22.71% of the company’s shares. The shares outstanding are 42.84M, and float is at 27.60M with Short Float at 23.54%. Institutions hold 17.32% of the Float.
Serve Robotics Inc (SERV) Insider Activity
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Still, SEC filings show that on Jan 07 ’25, Abraham Euan (Chief Hardware & Mftg Offcr) disposed off 260 shares at an average price of $19.28 for $5012.0. The insider now directly holds 150,518 shares of Serve Robotics Inc (SERV).
