It’s Not A Fantasy To Think That Serve Robotics Inc (SERV) Has Big Future Potential

Serve Robotics Inc (NASDAQ:SERV) currently has a daily average trading volume of 16.97M but it saw 2353921 shares traded in last market. With a market cap of 355.61M USD, the company’s current market price of $8.98 came falling about -3.96 while comparing to the previous closing price of $9.35. In past 52 weeks, the stock remained buoying in the range of price level as high as $37.00 and as low as $1.77. In the recent trading on the day, stock has struck highest price mark of $8.8 while lowest mark touched by it was $9.45.

Taking a look at 20-day trading activity of Serve Robotics Inc (SERV) gives us an average price of $11.64, while its current price level is -75.73% below from 52-week high level whereas it is 407.34% 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 $8.09. A closer look into the stock’s movement over the week reveals that its volatility is standing at 9.30% during that period while stretching the period over a month that increases to 17.56%. 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 43.33 which implies that the stock is in neutral territory.

Over the week, SERV’s stock price is moving -11.05% down while it is -48.74% when we observe its performance for the past one month. Year-to-date it is -64.08% down and over the past year.

Currently, Serve Robotics Inc’s total number of outstanding shares is 36.94M. Company’s return on investment (ROI) stands at -115.04% and return on equity (ROE) at -1043.99%. Stock has a price to book (P/B) ratio of 11.52 while price to sale or P/S ratio amounts to 233.95. Its return on asset (ROA) is -172.75% on average.