SRM Entertainment Inc (NASDAQ:SRM) does about 507.83K shares in volume on a normal day but saw 249281624 shares change hands in the recent trading day. The company now has a market cap of 158.44M USD. Its current market price is $9.19, marking an increase of 533.79% compared to the previous close of $1.45. The 52 week high reached by this stock is $1.66 whilst the lowest price level in 52 weeks is $0.26. The script in recent trading has seen the stock touch a high of $0.78 and a low of $0.78.
The median price target is -1078.21% away from the current levels at $0.78.
The current price level is 716.95%, 1264.31%, and 1362.48% 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 1034.57% over the week and 2032.25% over the past month. Its price is 1361.05% year-to-date and 692.24% over the past year.
Its 12-month price target is $0.78. Of course, the average price target is just what the average analysts believe a stock will be worth in the next 52 weeks, and is only one metric. There are analysts with lower targets than the average, including one bearish Wall Street research firm advocating investors to wait for the price to pull back to $0.78, given the recent momentum. And then, on the bullish side of things, one analyst is expecting the stock to peak at $0.78.
The company has a return on investment of -65.75% and return on equity of -77.82%. The beta has a value of 1.07. Price to book ratio is 31.80 and price to sales ratio is 36.09.
