Serve Robotics Inc (SERV) Stock Short-term Performance Analysis

Serve Robotics Inc [SERV] stock is trading at $8.74, up 1.51%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The SERV shares have gain 4.55% over the last week, with a monthly amount drifted -9.71%, and not seem to be holding up well over a long-time horizon.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

From an analyst’s perspective:

Serve Robotics Inc [NASDAQ: SERV] stock has seen the most recent analyst activity on October 28, 2024, when Ladenburg Thalmann initiated its Buy rating and assigned the stock a price target of $16. Previously, Northland Capital started tracking the stock with Outperform rating on October 18, 2024, and set its price target to $16. On October 07, 2024, Seaport Research Partners initiated with a Buy rating and assigned a price target of $12 on the stock.

Serve Robotics Inc [SERV] stock has fluctuated between $1.77 and $37.00 over the past year. Serve Robotics Inc [NASDAQ: SERV] shares were valued at $8.74 at the most recent close of the market.

Analyzing the SERV fundamentals

Serve Robotics Inc [NASDAQ:SERV] reported sales of 1.68M for the trailing twelve months, which represents a growth of 254.12%. Gross Profit Margin for this corporation currently stands at 0.13% with Operating Profit Margin at -18.76%, Pretax Profit Margin comes in at -20.8%, and Net Profit Margin reading is -20.8%. To continue investigating profitability, this company’s Return on Assets is posted at -0.57, Equity is -1.95 and Total Capital is -0.56.

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 8.40 points at the first support level, and at 8.07 for the second support level. However, for the 1st resistance point, the stock is sitting at 8.97, and for the 2nd resistance point, it is at 9.21.

Ratios To Look Out For

For context, Serve Robotics Inc’s Current Ratio is 10.65. In addition, the Quick Ratio stands at 10.58 and the Cash Ratio stands at 9.88. Considering the valuation of this stock, the price to sales ratio is 230.46, the price to book ratio is 6.67.

Transactions by insiders

Recent insider trading involved Abraham Euan, Chief Hardware & Mftg Offcr, that happened on Nov 18 ’24 when 75000.0 shares were sold. Officer, Abraham Euan completed a deal on Nov 18 ’24 to buy 75000.0 shares. Meanwhile, 10% Owner Wavemaker Global Select II LLC bought 1472.0 shares on Nov 18 ’24.

Related Posts