SRM Entertainment Inc [NASDAQ: SRM] stock went on a downward path that fall over -6.60% on Wednesday, amounting to a one-week price increase of more than 1.72%.
Over the last 12 months, SRM stock dropped by -63.85%.
The market cap for the stock reached $10.21 million, with 12.16 million shares outstanding and 7.46 million shares in the current float. Compared to the average trading volume of 3.20M shares, SRM stock reached a trading volume of 12853042 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on SRM Entertainment Inc [SRM]:
The Average True Range (ATR) for SRM Entertainment Inc is set at 0.10, with the Price to Sales ratio for SRM stock in the period of the last 12 months amounting to 2.22. The Price to Book ratio for the last quarter was 2.38, with the Price to Cash per share for the same quarter was set at 0.06.
SRM Stock Performance Analysis:
SRM Entertainment Inc [SRM] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 1.72. With this latest performance, SRM shares dropped by -11.84% in over the last four-week period, additionally sinking by -42.87% over the last 6 months – not to mention a drop of -63.85% 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 SRM stock in for the last two-week period is set at 47.33, with the RSI for the last a single of trading hit 46.23, and the three-weeks RSI is set at 47.77 for SRM Entertainment Inc [SRM]. The present Moving Average for the last 50 days of trading for this stock 0.6766, while it was recorded at 0.6649 for the last single week of trading, and 0.9994 for the last 200 days.
Insight into SRM Entertainment Inc Fundamentals:
SRM Entertainment Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.80 and a Current Ratio set at 1.14.
SRM Entertainment Inc [SRM] Institutonal Ownership Details
There are presently around $0.59%, or 1.49%% of SRM stock, in the hands of institutional investors.
