Putting The Spotlight On Serve Robotics Inc (SERV)

Serve Robotics Inc (NASDAQ:SERV) currently has a daily average trading volume of 18.08M but it saw 4368064 shares traded in last market. With a market cap of 332.37M USD, the company’s current market price of $7.85 came rising about 4.95 while comparing to the previous closing price of $7.48. 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 $7.625 while lowest mark touched by it was $8.29.

Taking a look at 20-day trading activity of Serve Robotics Inc (SERV) gives us an average price of $8.18, while its current price level is -78.78% below from 52-week high level whereas it is 343.50% 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 $9.64. A closer look into the stock’s movement over the week reveals that its volatility is standing at 15.73% during that period while stretching the period over a month that decreases to 13.01%. 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 45.82 which implies that the stock is in neutral territory.

Over the week, SERV’s stock price is moving 6.95% up while it is -30.10% when we observe its performance for the past one month. Year-to-date it is -68.60% 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 10.07 while price to sale or P/S ratio amounts to 218.66. Its return on asset (ROA) is -172.75% on average.