Investors’ outlook regarding the stock price performance over the year has been a mixed bag, with a range of optimism to pessimism depending on their perspective. Until today this year the stock’s price performance recorded a decrease of -42.30%. However, over the last six months, the performance has been stronger by -0.76%. The price of SERV decreased -35.14% over the last 30 days. And in the last five days, it has fallen by -0.51%.
Serve Robotics Inc experienced a somewhat steady performance in the stock market.
52-week price history of SERV Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Serve Robotics Inc’s current trading price is -68.01% away from its 52-week high, while its distance from the 52-week low is 340.11%. The stock’s price range during this period has varied between$1.77 and $24.35. The Serve Robotics Inc’s shares, which operate in the Industrials, saw a trading volume of around 5.02 million for the day, a figure considerably lower than their average daily volume of 10.32 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Serve Robotics Inc (SERV) has experienced a quarterly decline of -44.91% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 443.40M and boasts a workforce of 121 employees.
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 12.53, with a change in price of -1.95. Similarly, Serve Robotics Inc recorded 9,444,320 in trading volume during the last 100 days, posting a change of -20.02%.
SERV’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 SERV stands at 0.02. Similarly, the long-term debt-to-equity ratio is also 0.01.
SERV Stock Stochastic Average
As of today, Serve Robotics Inc’s raw stochastic average for the last 50 days stands at 7.88%. This is a decline compared to the raw stochastic average of the previous 20 days, which was noted at 32.24%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 16.15% and 11.84%, respectively.
