Serve Robotics Inc (SERV) concluded trading on Wednesday at a closing price of $7.53, with 5.25 million shares of worth about $39.5 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 4.29% during that period and on March 12, 2025 the price saw a gain of about 8.03%. Currently the company’s common shares owned by public are about 51.29M shares, out of which, 41.71M shares are available for trading.
Stock saw a price change of -9.06% in past 5 days and over the past one month there was a price change of -64.31%. Year-to-date (YTD), SERV shares are showing a performance of -44.22% which decreased to -69.88% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $1.77 but also hit the highest price of $24.35 during that period. The average intraday trading volume for Serve Robotics Inc shares is 11.35 million. The stock is currently trading -30.12% below its 20-day simple moving average (SMA20), while that difference is down -49.10% for SMA50 and it goes to -23.90% lower than SMA200.
Serve Robotics Inc (NASDAQ: SERV) currently have 51.29M outstanding shares and institutions hold larger chunk of about 11.71% of that.
The stock has a current market capitalization of $428.59M and its 3Y-monthly beta is at 3.64. It has posted earnings per share of -$1.04 in the same period. It has Quick Ratio of 18.36 while making debt-to-equity ratio of 0.02. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for SERV, volatility over the week remained 11.03% while standing at 12.72% over the month.
Stock’s fiscal year EPS is expected to drop by -4.24% while it is estimated to increase by 8.73% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Ladenburg Thalmann on October 28, 2024 offering a Buy rating for the stock and assigned a target price of $16 to it. Coverage by Northland Capital stated Serve Robotics Inc (SERV) stock as an Outperform in their note to investors on October 18, 2024, suggesting a price target of $16 for the stock.
