SRM Entertainment Inc (SRM) Shares See 60.32% Rise Over Last Week

SRM Entertainment Inc [SRM] stock prices are up 43.53% to $1.22 at the moment. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The SRM shares have gain 60.32% over the last week, with a monthly amount glided 31.17%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

The stock price of SRM Entertainment Inc [SRM] has been fluctuating between $0.65 and $3.49 over the past year. SRM Entertainment Inc [NASDAQ: SRM] shares were valued at $1.22 at the most recent close of the market.

Analyzing the SRM fundamentals

Gross Profit Margin for this corporation currently stands at 0.22% with Operating Profit Margin at -0.93%, Pretax Profit Margin comes in at -0.92%, and Net Profit Margin reading is -0.92%. To continue investigating profitability, this company’s Return on Assets is posted at -1.33, Equity is -1.19 and Total Capital is -1.47.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 0.9555 points at the first support level, and at 0.6911 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.3672, and for the 2nd resistance point, it is at 1.5145.

Ratios To Look Out For

It’s worth pointing out that SRM Entertainment Inc [NASDAQ:SRM]’s Current Ratio is 10.83. In addition, the Quick Ratio stands at 8.41 and the Cash Ratio stands at 4.77. Considering the valuation of this stock, the price to sales ratio is 2.62, the price to book ratio is 4.10.

Transactions by insiders

Recent insider trading involved Safety Shot, Inc., 10% Owner, that happened on Jun 07 ’24 when 20000.0 shares were sold. Director, Haywood Hans completed a deal on Dec 29 ’23 to buy 6814.0 shares. Meanwhile, Former Chairman John Brian sold 3500.0 shares on Nov 28 ’23.

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