Safety Shot Inc (SHOT): Are Investors Missing The Big Picture?

Safety Shot Inc (NASDAQ:SHOT) does about 772.30K shares in volume on a normal day but saw 1821149 shares change hands in the recent trading day. The company now has a market cap of 54.63M USD. Its current market price is $0.95, marking a decrease of -5.94% compared to the previous close of $1.01. The 52 week high reached by this stock is $7.50 whilst the lowest price level in 52 weeks is $0.55.

Safety Shot Inc (SHOT) has a 20-day trading average at $1.0459 and the current price is -87.33% off the 52-week high compared with 72.73% distance from its 52-week low. The 50-day simple moving average of the closing price is $1.1652 and its 200-day simple moving average is $1.4796. If we look at the stock’s price movements over the week, volatility stands at 12.80%, which decreases to 8.82% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 39.46 to suggest the stock is neutral.

The consensus objective for the share price is $2.76, suggesting that the stock has a potential upside of 65.58% over the period.

The current price level is -9.17%, -18.47%, and -35.79% away from its SMA20, SMA50, and SMA200 respectively, with the SHOT price moving above the 50-day SMA on current market day. Safety Shot Inc (SHOT) stock is down -6.86% over the week and -15.18% over the past month. Its price is -72.93% year-to-date and -58.33% over the past year.

To reach the target analysts have set, the stock logically needs to grow 65.58 percent from here.

The company has a return on investment of -634.62% and return on equity of -630.46%. The beta has a value of 1.81. Price to book ratio is 8.86 and price to sales ratio is 48.78.