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. Year to date metric has recorded a gain of 18.81%.However, over the last six months, we can see a stronger performance of -33.28%. Over the last 30 days, the price of SRM has fallen by 2.98%. And in the last five days, it has surged by 18.81%.
SRM Entertainment Inc experienced a rather shaky stock market performance. The highest value in the past year was recorded at $2.65 on 02/06/24 and the lowest value was $0.55 on 11/14/24.
52-week price history of SRM Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. SRM Entertainment Inc’s current trading price is -71.80% away from its 52-week high, while its distance from the 52-week low is 35.60%. The stock’s price range during this period has varied between$0.55 and $2.65. The SRM Entertainment Inc’s shares, which operate in the Consumer Cyclical, saw a trading volume of around 10.19 million for the day, a figure considerably higher than their average daily volume of 3.2 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
SRM Entertainment Inc (SRM) has experienced a quarterly rise of 5.11% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 11.93M.
Combining Moving Average and Trading Volume Data for Better Market Insight
Based on Barchart.com data, the company’s moving average over the 100-day period was 0.7228, with a change in price of +0.0544. Similarly, SRM Entertainment Inc recorded 2,163,489 in trading volume during the last 100 days, posting a change of +7.77%.
SRM’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look
The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for SRM stands at 0.46. Similarly, the long-term debt-to-equity ratio is also 0.00.
SRM Stock Stochastic Average
SRM Entertainment Inc’s raw stochastic average for the past 50 days is presently 18.33%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 57.71%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 42.19% and 31.55%, respectively.
