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.
The closing price of SRM Entertainment Inc (NASDAQ: SRM) was $0.63 for the day, up 0.64% from the previous closing price of $0.62. In other words, the price has increased by $0.64 from its previous closing price. On the day, 0.54 million shares were traded.
Ratios:
Our analysis of SRM’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 2.51 and its Current Ratio is at 3.66. In the meantime, Its Debt-to-Equity ratio is 0.05 whereas as Long-Term Debt/Eq ratio is at 0.00.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Dec 10 ’24 when Safety Shot, Inc. sold 15,398 shares for $0.82 per share. The transaction valued at 12,626 led to the insider holds 2,857,511 shares of the business.
Safety Shot, Inc. bought 1,500,000 shares of SRM for $930,000 on Nov 21 ’24. On Jun 07 ’24, another insider, Safety Shot, Inc., who serves as the 10% Owner of the company, sold 20,000 shares for $1.12 each. As a result, the insider received 22,400 and left with 3,980,000 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 2.47 while its Price-to-Book (P/B) ratio in mrq is 2.18.
Stock Price History:
Over the past 52 weeks, SRM has reached a high of $1.66, while it has fallen to a 52-week low of $0.26. The 50-Day Moving Average of the stock is 56.17%, while the 200-Day Moving Average is calculated to be 7.06%.
Shares Statistics:
A total of 17.24M shares are outstanding, with a floating share count of 9.55M. Insiders hold about 44.62% of the company’s shares, while institutions hold 5.56% stake in the company.
