Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. Serve Robotics Inc’s current trading price is -78.51% away from its 52-week high, while its distance from the 52-week low is 349.15%. The stock’s price range during this period has varied between $1.77 and $37.00. The company, active in the Industrials sector, saw a trading volume of around 2.62 million for the day, considerably lower average daily volume of 17.9 million observed over the last three months.
How Financial Performance Impacts Market Capitalization
Serve Robotics Inc (SERV) has experienced a quarterly rise of 318.42% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 336.60M and boasts a workforce of 67 employees.
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The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 6.20, with a change in price of +5.29. Similarly, Serve Robotics Inc recorded 11,689,396 in trading volume during the last 100 days, posting a change of +198.87%.
How SERV’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for SERV stands at 0.10. Similarly, the long-term debt-to-equity ratio is also 0.00.
SERV Stock Stochastic Average
As of today, the raw stochastic average of Serve Robotics Inc over the past 50 days is 26.17%. This is a decrease compared to the raw stochastic average of the last 20 days, which was recorded at 40.10%. Additionally, the Stochastic %K and %D values for the company were 33.61% and 28.24%, respectively, over the past 20 days.
SERV Stock Price Performance Analysis
The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. This year’s metric has recorded a Price decrease of -68.20%. However, over the past six months, we’ve seen a weaker performance of 59.00%. The price of SERV leaped by -21.25% over the last 30 days. And in the last five days, it has surged by 0.76%.
