SRM Entertainment Inc (NASDAQ: SRM) Now -72.35% Off Its High ($1.66), Does Analysts See Headwinds And Risks?

SRM Entertainment Inc (NASDAQ:SRM) currently has a daily average trading volume of 6.00M but it saw 2399060 shares traded in last market. With a market cap of 7.91M USD, the company’s current market price of $0.46 came rising about 36.28 while comparing to the previous closing price of $0.34. In past 52 weeks, the stock remained buoying in the range of price level as high as $1.66 and as low as $0.26. In the recent trading on the day, stock has struck highest price mark of $0.3401 while lowest mark touched by it was $0.52.

Taking a look at 20-day trading activity of SRM Entertainment Inc (SRM) gives us an average price of $0.3566, while its current price level is -72.35% below from 52-week high level whereas it is 76.06% 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 $0.4385 while that of 200 days or SMA-200 reads an average of $0.6704. A closer look into the stock’s movement over the week reveals that its volatility is standing at 26.05% during that period while stretching the period over a month that decreases to 16.34%. 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 61.27 which implies that the stock is in neutral territory.

Over the week, SRM’s stock price is moving 56.66% up while it is 6.74% when we observe its performance for the past one month. Year-to-date it is -27.03% down and over the past year, the stock is showing a downside performance of -66.50%.

The company is expected to be releasing its next quarterly report in May, 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 15.96M with 36.52% of that held by the insiders while 5.49% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -82.01% and return on equity (ROE) at -92.18%. Stock’s beta reads 0.71. Stock has a price to book (P/B) ratio of 1.38 while price to sale or P/S ratio amounts to 1.84. Its return on asset (ROA) is -79.99% on average.