Should You Sell Safety Shot Inc (SHOT) And Go Away This Year?

Safety Shot Inc (NASDAQ:SHOT) currently has a daily average trading volume of 741.65K but it saw 5066701 shares traded in last market. With a market cap of 40.92M USD, the company’s current market price of $0.66 came falling about -11.45 while comparing to the previous closing price of $0.74. In past 52 weeks, the stock remained buoying in the range of price level as high as $4.05 and as low as $0.55. In the recent trading on the day, stock has struck highest price mark of $0.6417 while lowest mark touched by it was $0.89.

Taking a look at 20-day trading activity of Safety Shot Inc (SHOT) gives us an average price of $0.7614, while its current price level is -83.76% below from 52-week high level whereas it is 19.44% 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 $0.8847 while that of 200 days or SMA-200 reads an average of $1.1755. A closer look into the stock’s movement over the week reveals that its volatility is standing at 12.58% during that period while stretching the period over a month that decreases to 11.39%. 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 33.01 which implies that the stock is in neutral territory.

Over the week, SHOT’s stock price is moving -8.76% down while it is -33.65% when we observe its performance for the past one month. Year-to-date it is -8.76% down and over the past year, the stock is showing a downside performance of -77.88%.

Currently, Safety Shot Inc’s total number of outstanding shares is 59.48M. Company’s return on investment (ROI) stands at -634.62% and return on equity (ROE) at -630.46%. Stock’s beta reads 1.82. Stock has a price to book (P/B) ratio of 6.13 while price to sale or P/S ratio amounts to 36.54. Its return on asset (ROA) is -418.69% on average.