SRM Entertainment Inc [SRM] stock is trading at $0.33, up 16.31%. 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 14.05% over the last week, with a monthly amount drifted -18.45%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
SRM Entertainment Inc [SRM] stock has fluctuated between $0.26 and $1.70 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 $0.33 at the most recent close of the market. An investor can expect a potential return of 136.36% based on the average SRM price forecast.
Analyzing the SRM fundamentals
SRM Entertainment Inc [NASDAQ:SRM] reported sales of 4.31M for the trailing twelve months, which represents a drop of -23.51%. Gross Profit Margin for this corporation currently stands at 0.2% with Operating Profit Margin at -1.01%, Pretax Profit Margin comes in at -1.01%, and Net Profit Margin reading is -1.01%. To continue investigating profitability, this company’s Return on Assets is posted at -0.69, Equity is -1.15 and Total Capital is -0.82. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.09.
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 0.2796 points at the first support level, and at 0.2312 for the second support level. However, for the 1st resistance point, the stock is sitting at 0.3767, and for the 2nd resistance point, it is at 0.4254.
Ratios To Look Out For
For context, SRM Entertainment Inc’s Current Ratio is 3.41. In addition, the Quick Ratio stands at 2.64 and the Cash Ratio stands at 1.33. Considering the valuation of this stock, the price to sales ratio is 1.31, the price to book ratio is 0.99.
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.
