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.
Serve Robotics Inc (NASDAQ: SERV) closed the day trading at $7.43 down -6.19% from the previous closing price of $7.92. In other words, the price has decreased by -$6.19 from its previous closing price. On the day, 6.07 million shares were traded.
Ratios:
For a better understanding of SERV, let’s look at 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:
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 Feb 27 ’25 when Parang Touraj sold 796 shares for $9.20 per share. The transaction valued at 7,323 led to the insider holds 1,162,090 shares of the business.
Kashani Ali sold 3,713 shares of SERV for $34,215 on Feb 27 ’25. The Chief Executive Officer now owns 3,225,852 shares after completing the transaction at $9.21 per share. On Feb 27 ’25, another insider, Abraham Euan, who serves as the Chief Hardware & Mftg Offcr of the company, sold 660 shares for $9.21 each. As a result, the insider received 6,075 and left with 149,858 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 199.13 while its Price-to-Book (P/B) ratio in mrq is 2.89.
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 -51.44%, while the 200-Day Moving Average is calculated to be -24.45%.
Shares Statistics:
A total of 51.29M shares are outstanding, with a floating share count of 35.55M. Insiders hold about 26.72% of the company’s shares, while institutions hold 13.74% stake in the company.