Serve Robotics Inc [NASDAQ: SERV] stock went on a downward path that fall over -1.43% on Friday, amounting to a one-week price decrease of less than -5.74%.
The one-year Serve Robotics Inc stock forecast points to a potential downside of -72.37. The average equity rating for SERV stock is currently 1.00, trading closer to a bullish pattern in the stock market.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The market cap for the stock reached $508.16 million, with 36.94 million shares outstanding and 23.33 million shares in the current float. Compared to the average trading volume of 15.12M shares, SERV stock reached a trading volume of 8890525 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on Serve Robotics Inc [SERV]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for SERV shares is $8.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on SERV stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
The Average True Range (ATR) for Serve Robotics Inc is set at 2.93, with the Price to Sales ratio for SERV stock in the period of the last 12 months amounting to 457.80.
SERV Stock Performance Analysis:
Serve Robotics Inc [SERV] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -5.74.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for SERV stock in for the last two-week period is set at 59.73, with the RSI for the last a single of trading hit 56.01, and the three-weeks RSI is set at 61.57 for Serve Robotics Inc [SERV]. The present Moving Average for the last 50 days of trading for this stock 5.87, while it was recorded at 14.28 for the last single week of trading.
Insight into Serve Robotics Inc Fundamentals:
Serve Robotics Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.10 and a Current Ratio set at 0.16.
Serve Robotics Inc [SERV] Institutonal Ownership Details
The top three institutional holders of SERV stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.5034%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $178.43 billion in SERV stocks shares; and BERKSHIRE HATHAWAY INC, currently with $135.36 billion in SERV stock with ownership which is approximately 5.1238%.
