Safety Shot Inc [SHOT] moved down -7.26: Why It’s Important

TANH

Safety Shot Inc [NASDAQ: SHOT] stock went on a downward path that fall over -7.26% on Thursday, amounting to a one-week price decrease of less than -3.25%.

Over the last 12 months, SHOT stock dropped by -12.74%. The one-year Safety Shot Inc stock forecast points to a potential upside of 67.75. The average equity rating for SHOT stock is currently 1.00, trading closer to a bullish pattern in the stock market.

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The market cap for the stock reached $46.30 million, with 45.63 million shares outstanding and 35.94 million shares in the current float. Compared to the average trading volume of 920.16K shares, SHOT stock reached a trading volume of 6199346 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Guru’s Opinion on Safety Shot Inc [SHOT]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for SHOT shares is $2.76 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on SHOT 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 Safety Shot Inc is set at 0.12, with the Price to Sales ratio for SHOT stock in the period of the last 12 months amounting to 44.95. The Price to Book ratio for the last quarter was 7.16, with the Price to Cash per share for the same quarter was set at 0.06.

SHOT Stock Performance Analysis:

Safety Shot Inc [SHOT] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -3.25. With this latest performance, SHOT shares gained by 11.25% in over the last four-week period, additionally sinking by -61.63% over the last 6 months – not to mention a drop of -12.74% in the past year of trading.

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 SHOT stock in for the last two-week period is set at 52.79, with the RSI for the last a single of trading hit 56.11, and the three-weeks RSI is set at 49.65 for Safety Shot Inc [SHOT]. The present Moving Average for the last 50 days of trading for this stock 0.9292, while it was recorded at 0.9085 for the last single week of trading, and 2.1016 for the last 200 days.

Insight into Safety Shot Inc Fundamentals:

Safety Shot Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.55 and a Current Ratio set at 1.76.

Safety Shot Inc [SHOT] Institutonal Ownership Details

There are presently around $9.92%, or 12.68%% of SHOT stock, in the hands of institutional investors.