SRM Entertainment Inc [SRM] stock prices are down -1.98% to $0.37 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The SRM shares have gain 7.39% over the last week, with a monthly amount glided 10.60%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
The stock price of SRM Entertainment Inc [SRM] has been fluctuating between $0.30 and $1.85 over the past year. Currently, Wall Street analysts expect the stock to reach $0.78 within the next 12 months. SRM Entertainment Inc [NASDAQ: SRM] shares were valued at $0.37 at the most recent close of the market. An investor can expect a potential return of 110.81% based on the average SRM price forecast.
Analyzing the SRM fundamentals
The SRM Entertainment Inc [NASDAQ:SRM] reported sales of 4.59M for trailing twelve months, representing a drop of -22.31%. Gross Profit Margin for this corporation currently stands at 0.22% with Operating Profit Margin at -0.9%, Pretax Profit Margin comes in at -0.9%, and Net Profit Margin reading is -0.9%. To continue investigating profitability, this company’s Return on Assets is posted at -0.72, Equity is -1.19 and Total Capital is -1.27.
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 0.3488 points at the first support level, and at 0.3271 for the second support level. However, for the 1st resistance point, the stock is sitting at 0.4036, and for the 2nd resistance point, it is at 0.4367.
Ratios To Look Out For
It’s worth pointing out that SRM Entertainment Inc [NASDAQ:SRM]’s Current Ratio is 1.14. As well, the Quick Ratio is 0.80, while the Cash Ratio is 0.42. Considering the valuation of this stock, the price to sales ratio is 1.29, the price to book ratio is 1.38.
Transactions by insiders
Recent insider trading involved Safety Shot, Inc., 10% Owner, that happened on Dec 10 ’24 when 15398.0 shares were sold. Principal Stockholder, Safety Shot, Inc. completed a deal on Nov 21 ’24 to buy 1.5 million shares. Meanwhile, 10% Owner Safety Shot, Inc. sold 20000.0 shares on Jun 07 ’24.
