A share price of Serve Robotics Inc [SERV] is currently trading at $9.74, up 2.10%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The SERV shares have gain 4.06% over the last week, with a monthly amount glided 26.66%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Serve Robotics Inc [NASDAQ: SERV] stock has seen the most recent analyst activity on October 18, 2024, when Northland Capital initiated its Outperform rating and assigned the stock a price target of $16. Previously, Seaport Research Partners started tracking the stock with Buy rating on October 07, 2024, and set its price target to $12.
Serve Robotics Inc experienced fluctuations in its stock price throughout the past year between $1.77 and $37.00. Serve Robotics Inc [NASDAQ: SERV] shares were valued at $9.74 at the most recent close of the market.
Analyzing the SERV fundamentals
Trailing Twelve Months sales for Serve Robotics Inc [NASDAQ:SERV] were 1.52M which represents 655.33% growth. Gross Profit Margin for this corporation currently stands at -0.09% with Operating Profit Margin at -18.84%, Pretax Profit Margin comes in at -22.74%, and Net Profit Margin reading is -22.74%. To continue investigating profitability, this company’s Return on Assets is posted at -1.06, Equity is -7.69 and Total Capital is -1.0. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.1.
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 9.42 points at the first support level, and at 9.11 for the second support level. However, for the 1st resistance point, the stock is sitting at 10.10, and for the 2nd resistance point, it is at 10.47.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Serve Robotics Inc [NASDAQ:SERV] is 7.19. Further, the Quick Ratio stands at 7.03, while the Cash Ratio is 6.74. Considering the valuation of this stock, the price to sales ratio is 271.31, the price to book ratio is 12.50.
Transactions by insiders
Recent insider trading involved Goldberg David Michael, Director, that happened on Aug 29 ’24 when 13575.0 shares were sold.
