SRM Entertainment Inc (NASDAQ:SRM) does about 8.87M shares in volume on a normal day but saw 3216546 shares change hands in the recent trading day. The company now has a market cap of 12.65M USD. Its current market price is $0.79, marking a decrease of -7.52% compared to the previous close of $0.86. The 52 week high reached by this stock is $1.85 whilst the lowest price level in 52 weeks is $0.30.
SRM Entertainment Inc (SRM) has a 20-day trading average at $0.4726 and the current price is -57.17% off the 52-week high compared with 163.87% distance from its 52-week low. The 50-day simple moving average of the closing price is $0.5553 and its 200-day simple moving average is $0.8463. If we look at the stock’s price movements over the week, volatility stands at 22.95%, which decreases to 13.38% 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 66.63 to suggest the stock is neutral.
The current price level is 67.66%, 42.67%, and -6.37% away from its SMA20, SMA50, and SMA200 respectively, with the SRM price moving below the 50-day SMA on current market day. SRM Entertainment Inc (SRM) stock is up 121.34% over the week and 69.75% over the past month. Its price is 25.98% year-to-date and -41.30% over the past year.
Outstanding shares total 12.16M with insiders holding 52.51% of the shares and institutional holders owning 6.82% of the company’s common stock. The company has a return on investment of -125.83% and return on equity of -106.58%. The beta has a value of 0.83. Price to book ratio is 2.95 and price to sales ratio is 2.76.
