For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
The closing price of SRM Entertainment Inc (NASDAQ: SRM) was $0.66 for the day, up 4.93% from the previous closing price of $0.63. In other words, the price has increased by $4.93 from its previous closing price. On the day, 0.59 million shares were traded. SRM stock price reached its highest trading level at $0.678 during the session, while it also had its lowest trading level at $0.6052.
Ratios:
Our analysis of SRM’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.80 and its Current Ratio is at 1.14. In the meantime, Its Debt-to-Equity ratio is 0.46 whereas as Long-Term Debt/Eq ratio is at 0.00.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SRM now has a Market Capitalization of 10531290 and an Enterprise Value of 5017335. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.29 while its Price-to-Book (P/B) ratio in mrq is 2.45. Its current Enterprise Value per Revenue stands at 1.035 whereas that against EBITDA is -1.115.
Stock Price History:
Over the past 52 weeks, SRM has reached a high of $2.65, while it has fallen to a 52-week low of $0.55. The 50-Day Moving Average of the stock is -4.30%, while the 200-Day Moving Average is calculated to be -35.03%.
Shares Statistics:
SRM traded an average of 3.12M shares per day over the past three months and 450890 shares per day over the past ten days. A total of 12.16M shares are outstanding, with a floating share count of 7.46M. Shares short for SRM as of 1730332800 were 237311 with a Short Ratio of 0.10, compared to 1727654400 on 159362. Therefore, it implies a Short% of Shares Outstanding of 237311 and a Short% of Float of 1.8800000000000001.
