Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
Serve Robotics Inc (NASDAQ: SERV) closed the day trading at $16.59 up 1.53% from the previous closing price of $16.34. In other words, the price has increased by $1.53 from its previous closing price. On the day, 10.17 million shares were traded. SERV stock price reached its highest trading level at $18.23 during the session, while it also had its lowest trading level at $16.28.
Ratios:
For a better understanding of SERV, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 10.58 and its Current Ratio is at 10.65. In the meantime, Its Debt-to-Equity ratio is 0.03 whereas as Long-Term Debt/Eq ratio is at 0.00.
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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Jan 27 ’25 when Wavemaker Global Select II LLC bought 19,323 shares for $17.00 per share.
Match Robotics VC, LLC bought 16,700 shares of SERV for $334,000 on Jan 24 ’25. On Jan 07 ’25, another insider, Abraham Euan, who serves as the Chief Hardware & Mftg Offcr of the company, sold 260 shares for $19.28 each. As a result, the insider received 5,012 and left with 150,518 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, SERV now has a Market Capitalization of 854385024 and an Enterprise Value of 680232128. For the stock, the TTM Price-to-Sale (P/S) ratio is 479.02 while its Price-to-Book (P/B) ratio in mrq is 12.65. Its current Enterprise Value per Revenue stands at 405.054 whereas that against EBITDA is -23.011.
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 17.16%, while the 200-Day Moving Average is calculated to be 92.41%.
Shares Statistics:
Over the past 3-months, SERV traded about 9.58M shares per day on average, while over the past 10 days, SERV traded about 9145570 shares per day. A total of 42.84M shares are outstanding, with a floating share count of 27.60M. Insiders hold about 37.69% of the company’s shares, while institutions hold 12.59% stake in the company. Shares short for SERV as of 1736899200 were 6495942 with a Short Ratio of 0.68, compared to 1734048000 on 2489597. Therefore, it implies a Short% of Shares Outstanding of 6495942 and a Short% of Float of 17.5.
