Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
In the latest session, Safety Shot Inc (NASDAQ: SHOT) closed at $1.84 down -8.91% from its previous closing price of $2.02. In other words, the price has decreased by -$8.91 from its previous closing price. On the day, 1.05 million shares were traded. SHOT stock price reached its highest trading level at $2.04 during the session, while it also had its lowest trading level at $1.765.
Ratios:
For a deeper understanding of Safety Shot Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.92 and its Current Ratio is at 2.14. In the meantime, Its Debt-to-Equity ratio is 0.23 whereas as Long-Term Debt/Eq ratio is at 0.03.
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 28 ’23 when Gulyas John bought 2,500 shares for $3.88 per share. The transaction valued at 9,700 led to the insider holds 1,687,166 shares of the business.
Gulyas John bought 2,500 shares of SHOT for $9,700 on Dec 28 ’23. The Director now owns 1,687,166 shares after completing the transaction at $3.88 per share.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SHOT now has a Market Capitalization of 94925416 and an Enterprise Value of 87300424. For the stock, the TTM Price-to-Sale (P/S) ratio is 24.95 while its Price-to-Book (P/B) ratio in mrq is 9.52. Its current Enterprise Value per Revenue stands at 430.752 whereas that against EBITDA is -7.164.
Stock Price History:
The Beta on a monthly basis for SHOT is 1.82, which has changed by 3.0439563 over the last 52 weeks, in comparison to a change of 0.2006725 over the same period for the S&P500. Over the past 52 weeks, SHOT has reached a high of $7.50, while it has fallen to a 52-week low of $0.26. The 50-Day Moving Average of the stock is -23.48%, while the 200-Day Moving Average is calculated to be -11.45%.
Shares Statistics:
For the past three months, SHOT has traded an average of 1.40M shares per day and 834190 over the past ten days. A total of 45.63M shares are outstanding, with a floating share count of 38.46M. Insiders hold about 21.86% of the company’s shares, while institutions hold 10.32% stake in the company. Shares short for SHOT as of 1711584000 were 3265158 with a Short Ratio of 2.34, compared to 1709164800 on 2588668. Therefore, it implies a Short% of Shares Outstanding of 3265158 and a Short% of Float of 7.12.
