SRM Entertainment Inc (SRM): Investing In A Time Of Crisis

SRM Entertainment Inc (NASDAQ:SRM) currently has a daily average trading volume of 3.20M but it saw 12853042 shares traded in last market. With a market cap of 10.21M USD, the company’s current market price of $0.64 came falling about -6.60 while comparing to the previous closing price of $0.69. In past 52 weeks, the stock remained buoying in the range of price level as high as $2.65 and as low as $0.55. In the recent trading on the day, stock has struck highest price mark of $0.61 while lowest mark touched by it was $0.8298.

Taking a look at 20-day trading activity of SRM Entertainment Inc (SRM) gives us an average price of $0.6622, while its current price level is -75.86% below from 52-week high level whereas it is 16.10% 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 $0.6766 while that of 200 days or SMA-200 reads an average of $0.9994. A closer look into the stock’s movement over the week reveals that its volatility is standing at 15.36% during that period while stretching the period over a month that decreases to 12.28%. 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 47.33 which implies that the stock is in neutral territory.

Over the week, SRM’s stock price is moving 1.72% up while it is -11.84% when we observe its performance for the past one month. Year-to-date it is 1.72% up and over the past year, the stock is showing a downside performance of -63.85%.

The company is expected to be releasing its next quarterly report in February, for which analysts forecasted an EPS of 0 while estimate for next year EPS is 0.

Currently, SRM Entertainment Inc’s total number of outstanding shares is 12.16M with 60.18% of that held by the insiders while 0.59% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -125.83% and return on equity (ROE) at -106.58%. Stock’s beta reads 1.25. Stock has a price to book (P/B) ratio of 2.38 while price to sale or P/S ratio amounts to 2.22. Its return on asset (ROA) is -76.97% on average.