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.
In the latest session, SRM Entertainment Inc (NASDAQ: SRM) closed at $0.61 up 9.64% from its previous closing price of $0.56. In other words, the price has increased by $9.64 from its previous closing price. On the day, 0.93 million shares were traded.
Ratios:
For a deeper understanding of SRM Entertainment Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.51 and its Current Ratio is at 3.66. In the meantime, Its Debt-to-Equity ratio is 0.05 whereas as Long-Term Debt/Eq ratio is at 0.00.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Dec 10 ’24 when Safety Shot, Inc. sold 15,398 shares for $0.82 per share. The transaction valued at 12,626 led to the insider holds 2,857,511 shares of the business.
Safety Shot, Inc. bought 1,500,000 shares of SRM for $930,000 on Nov 21 ’24. On Jun 07 ’24, another insider, Safety Shot, Inc., who serves as the 10% Owner of the company, sold 20,000 shares for $1.12 each. As a result, the insider received 22,400 and left with 3,980,000 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 2.41 while its Price-to-Book (P/B) ratio in mrq is 2.12.
Stock Price History:
Over the past 52 weeks, SRM has reached a high of $1.66, while it has fallen to a 52-week low of $0.26. The 50-Day Moving Average of the stock is 44.71%, while the 200-Day Moving Average is calculated to be 5.55%.
Shares Statistics:
A total of 17.24M shares are outstanding, with a floating share count of 9.55M. Insiders hold about 44.62% of the company’s shares, while institutions hold 1.60% stake in the company.
