Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
The price of Serve Robotics Inc (NASDAQ: SERV) closed at $6.45 in the last session, down -2.86% from day before closing price of $6.64. In other words, the price has decreased by -$2.86 from its previous closing price. On the day, 2.16 million shares were traded.
Ratios:
We take a closer look at SERV’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 18.36 and its Current Ratio is at 18.40. In the meantime, Its Debt-to-Equity ratio is 0.02 whereas as Long-Term Debt/Eq ratio is at 0.01.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Ladenburg Thalmann on October 28, 2024, initiated with a Buy rating and assigned the stock a target price of $16.
On October 18, 2024, Northland Capital started tracking the stock assigning a Outperform rating and target price of $16.
On October 07, 2024, Seaport Research Partners started tracking the stock assigning a Buy rating and target price of $12.Seaport Research Partners initiated its Buy rating on October 07, 2024, with a $12 target price.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Apr 08 ’25 when Kashani Ali sold 1,670 shares for $5.71 per share. The transaction valued at 9,536 led to the insider holds 3,225,127 shares of the business.
Parang Touraj sold 445 shares of SERV for $2,539 on Apr 08 ’25. The President & COO now owns 1,161,099 shares after completing the transaction at $5.71 per share. On Apr 08 ’25, another insider, Abraham Euan, who serves as the Chief Hardware & Mftg Offcr of the company, sold 308 shares for $5.74 each. As a result, the insider received 1,768 and left with 149,170 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 202.83 while its Price-to-Book (P/B) ratio in mrq is 2.51.
Stock Price History:
Over the past 52 weeks, SERV has reached a high of $24.35, while it has fallen to a 52-week low of $1.77. The 50-Day Moving Average of the stock is -11.85%, while the 200-Day Moving Average is calculated to be -38.81%.
Shares Statistics:
A total of 51.29M shares are outstanding, with a floating share count of 41.71M. Insiders hold about 26.72% of the company’s shares, while institutions hold 12.08% stake in the company.
