Safety Shot Inc [NASDAQ: SHOT] stock went on an upward path that rose over 6.27% on Monday, amounting to a one-week price increase of more than 2.04%.
Over the last 12 months, SHOT stock dropped by -63.31%. The one-year Safety Shot Inc stock forecast points to a potential upside of 81.52. The average equity rating for SHOT stock is currently 1.00, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $37.97 million, with 62.64 million shares outstanding and 60.23 million shares in the current float. Compared to the average trading volume of 894.66K shares, SHOT stock reached a trading volume of 1758824 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 0.05, with the Price to Sales ratio for SHOT stock in the period of the last 12 months amounting to 32.45.
SHOT Stock Performance Analysis:
Safety Shot Inc [SHOT] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 2.04. With this latest performance, SHOT shares gained by 31.61% in over the last four-week period, additionally sinking by -51.43% over the last 6 months – not to mention a drop of -63.31% 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 56.43, with the RSI for the last a single of trading hit 58.73, and the three-weeks RSI is set at 54.04 for Safety Shot Inc [SHOT]. The present Moving Average for the last 50 days of trading for this stock 0.4650, while it was recorded at 0.5078 for the last single week of trading, and 0.7772 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 0.25 and a Current Ratio set at 0.27.