Daily Progress: Serve Robotics Inc (SERV) Drop -2.45, Closing at 11.16

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In the latest session, Serve Robotics Inc (NASDAQ: SERV) closed at $11.16 down -2.45% from its previous closing price of $11.44. In other words, the price has decreased by -$2.45 from its previous closing price. On the day, 7.6 million shares were traded. SERV stock price reached its highest trading level at $11.29 during the session, while it also had its lowest trading level at $10.575.

Ratios:

For a deeper understanding of Serve Robotics Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 7.03 and its Current Ratio is at 7.19. In the meantime, Its Debt-to-Equity ratio is 0.10 whereas as Long-Term Debt/Eq ratio is at 0.00.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SERV now has a Market Capitalization of 441932640 and an Enterprise Value of 389204960. For the stock, the TTM Price-to-Sale (P/S) ratio is 290.75 while its Price-to-Book (P/B) ratio in mrq is 14.32. Its current Enterprise Value per Revenue stands at 349.375 whereas that against EBITDA is -18.25.

Stock Price History:

Over the past 52 weeks, SERV has reached a high of $37.00, while it has fallen to a 52-week low of $1.77. The 50-Day Moving Average of the stock is 70.79%, while the 200-Day Moving Average is calculated to be 106.19%.

Shares Statistics:

For the past three months, SERV has traded an average of 16.45M shares per day and 15846310 over the past ten days. A total of 36.94M shares are outstanding, with a floating share count of 25.11M. Insiders hold about 36.70% of the company’s shares, while institutions hold 12.46% stake in the company. Shares short for SERV as of 1722384000 were 4286085 with a Short Ratio of 0.26, compared to 1719532800 on 1290785. Therefore, it implies a Short% of Shares Outstanding of 4286085 and a Short% of Float of 19.07.

Earnings Estimates

The performance of Serve Robotics Inc (SERV) in the stock market is under the watchful eye of 1 analysts actively contributing to its current rating.The consensus estimate for the next quarter is -$0.14, with high estimates of -$0.14 and low estimates of -$0.14.

Analysts are recommending an EPS of between -$0.85 and -$0.85 for the fiscal current year, implying an average EPS of -$0.85. EPS for the following year is -$0.51, with 1.0 analysts recommending between -$0.51 and -$0.51.

Revenue Estimates

For the next quarter, 1 analysts are estimating revenue of $130k. There is a high estimate of $130k for the next quarter, whereas the lowest estimate is $130k.

Based on 1 analysts’ estimates, the company’s revenue will be $16M in the next fiscal year. The high estimate is $16M and the low estimate is $16M.

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