Serve Robotics Inc (SERV): Investing In A Time Of Crisis

Serve Robotics Inc (NASDAQ:SERV) currently has a daily average trading volume of 18.04M but it saw 2476101 shares traded in last market. With a market cap of 325.59M USD, the company’s current market price of $7.69 came rising about 0.65 while comparing to the previous closing price of $7.64. 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 $7.56 while lowest mark touched by it was $8.09.

Taking a look at 20-day trading activity of Serve Robotics Inc (SERV) gives us an average price of $7.69, while its current price level is -79.22% below from 52-week high level whereas it is 334.46% 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 $10.18. A closer look into the stock’s movement over the week reveals that its volatility is standing at 11.27% during that period while stretching the period over a month that increases to 13.48%. 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 45.53 which implies that the stock is in neutral territory.

Over the week, SERV’s stock price is moving -2.04% down while it is -18.80% when we observe its performance for the past one month. Year-to-date it is -69.24% 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 9.87 while price to sale or P/S ratio amounts to 214.21. Its return on asset (ROA) is -172.75% on average.