The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. Serve Robotics Inc’s current trading price is -48.57% away from its 52-week high, while its distance from the 52-week low is 975.14%. The stock’s price range for this period has been between $1.77 and $37.00 The company’s shares, which are part of the Industrials sector, had a trading volume of approximately 19.91 million for the day, a number notably higher than the average daily volume of 7.64 million over the last three months.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Serve Robotics Inc (SERV) has experienced a quarterly rise of 140.89% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.09B and boasts a workforce of 67 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 10.03, with a change in price of +7.82. Similarly, Serve Robotics Inc recorded 7,263,413 in trading volume during the last 100 days, posting a change of +69.76%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for SERV stands at 0.03. Similarly, the long-term debt-to-equity ratio is also 0.00.
SERV Stock Stochastic Average
Serve Robotics Inc’s raw stochastic average for the past 50 days is presently 95.29%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 94.98%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 70.20% and 61.11%, respectively.
SERV Stock Price Performance Analysis
The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. The metric has seen a significant gain of 40.96% since the start of this calendar year. Looking back over the last six months, we can see a weaker performance of 683.13%. Over the past 30 days, the price of SERV has fallen by 116.74%. And in the last five days, it has surged by 7.88%.
