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 -75.51% away from its 52-week high, while its distance from the 52-week low is 236.85%. The stock’s price range for this period has been between $1.77 and $24.35 The company’s shares, which are part of the Industrials sector, had a trading volume of approximately 3.41 million for the day, a number notably lower than the average daily volume of 8.2 million over the last three months.
Serve Robotics Inc experienced a somewhat steady performance in the stock market.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Serve Robotics Inc (SERV) has experienced a quarterly decline of -59.66% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 339.37M and boasts a workforce of 121 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 11.95, with a change in price of -1.79. Similarly, Serve Robotics Inc recorded 9,002,021 in trading volume during the last 100 days, posting a change of -22.34%.
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 0.02. Similarly, the long-term debt-to-equity ratio is also 0.01.
SERV Stock Stochastic Average
Serve Robotics Inc’s raw stochastic average for the past 50 days is presently 8.42%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 49.07%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 29.13% and 25.61%, respectively.
SERV Stock Price Performance Analysis
The stock price performance over the year has been a mixed bag, resulting in a range of outlooks from optimistic to pessimistic depending on the observer. The index has shown a price loss of -55.84% this year. Over the last six months, there has been a stronger performance of -36.57%. The price of SERV leaped by -22.16% during the last 30 days period. For the last 5-days stocks have improved 9.80%.
