Look Past The Setbacks And Give Safety Shot Inc (NASDAQ: SHOT) Another Chance

Safety Shot Inc (NASDAQ:SHOT) currently has a daily average trading volume of 751.76K but it saw 974321 shares traded in last market. With a market cap of 41.42M USD, the company’s current market price of $0.80 came falling about -8.48 while comparing to the previous closing price of $0.87. In past 52 weeks, the stock remained buoying in the range of price level as high as $7.50 and as low as $0.52.

Taking a look at 20-day trading activity of Safety Shot Inc (SHOT) gives us an average price of $1.0312, while its current price level is -89.33% below from 52-week high level whereas it is 54.14% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $1.1253 while that of 200 days or SMA-200 reads an average of $2.1663. A closer look into the stock’s movement over the week reveals that its volatility is standing at 8.99% during that period while stretching the period over a month that decreases to 7.93%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 29.32 which implies that the stock is in oversold territory.

Over the week, SHOT’s stock price is moving -18.37% down while it is -32.76% when we observe its performance for the past one month. Year-to-date it is -77.21% down and over the past year, the stock is showing an upside performance of 40.54%.

Currently, Safety Shot Inc’s total number of outstanding shares is 45.63M. Company’s return on investment (ROI) stands at -506.18% and return on equity (ROE) at -509.53%. Stock’s beta reads 1.79. Stock has a price to book (P/B) ratio of 7.07 while price to sale or P/S ratio amounts to 15.46. Its return on asset (ROA) is -288.14% on average.