Market Insights: Serve Robotics Inc (SERV)’s Notable Drop of -10.07, Closing at 6.34

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As of close of business last night, Serve Robotics Inc’s stock clocked out at $6.34, down -10.07% from its previous closing price of $7.05. In other words, the price has decreased by -$10.07 from its previous closing price. On the day, 4.31 million shares were traded.

Ratios:

To gain a deeper understanding of SERV’s stock, we examine its different ratios. 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:

Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on May 02 ’25 when Read Brian sold 29,100 shares for $7.06 per share. The transaction valued at 205,440 led to the insider holds 240,900 shares of the business.

Read Brian bought 29,100 shares of SERV for $205,440 on May 02 ’25. On Apr 08 ’25, another insider, Kashani Ali, who serves as the Chief Executive Officer of the company, sold 1,670 shares for $5.71 each. As a result, the insider received 9,536 and left with 3,225,127 shares of the company.

Valuation Measures:

For the stock, the TTM Price-to-Sale (P/S) ratio is 199.68 while its Price-to-Book (P/B) ratio in mrq is 2.47.

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 -7.13%, while the 200-Day Moving Average is calculated to be -40.32%.

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 10.89% stake in the company.

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