SRM Entertainment Inc (SRM) At $1.22 Offering A Unique Opportunity

SRM Entertainment Inc (NASDAQ:SRM) currently has a daily average trading volume of 51.17K but it saw 1758358 shares traded in last market. With a market cap of 12.71M USD, the company’s current market price of $1.22 came rising about 43.53 while comparing to the previous closing price of $0.85. In past 52 weeks, the stock remained buoying in the range of price level as high as $3.49 and as low as $0.65. In the recent trading on the day, stock has struck highest price mark of $0.8383 while lowest mark touched by it was $1.25.

Taking a look at 20-day trading activity of SRM Entertainment Inc (SRM) gives us an average price of $0.8171, while its current price level is -65.04% below from 52-week high level whereas it is 87.29% 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 $1.0218 while that of 200 days or SMA-200 reads an average of $1.5044. A closer look into the stock’s movement over the week reveals that its volatility is standing at 19.16% during that period while stretching the period over a month that decreases to 11.65%. 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 68.12 which implies that the stock is in neutral territory.

Over the week, SRM’s stock price is moving 60.32% up while it is 31.17% when we observe its performance for the past one month. Year-to-date it is -21.29% down and over the past year, the stock is showing a downside performance of -46.96%.

Currently, SRM Entertainment Inc’s total number of outstanding shares is 9.77M. Company’s return on investment (ROI) stands at -146.46% and return on equity (ROE) at -295.56%. Stock’s beta reads 1.38. Stock has a price to book (P/B) ratio of 4.10 while price to sale or P/S ratio amounts to 2.62. Its return on asset (ROA) is -258.15% on average.