Safety Shot Inc (SHOT): Choosing The Technical Investor Route

Safety Shot Inc (NASDAQ:SHOT) does about 4.68M shares in volume on a normal day but saw 16826080 shares change hands in the recent trading day. The company now has a market cap of 76.23M USD. Its current market price is $0.69, marking an increase of 36.30% compared to the previous close of $0.5. The 52 week high reached by this stock is $1.77 whilst the lowest price level in 52 weeks is $0.23.

Safety Shot Inc (SHOT) has a 20-day trading average at $0.4071 and the current price is -61.11% off the 52-week high compared with 199.26% distance from its 52-week low. The 50-day simple moving average of the closing price is $0.3664 and its 200-day simple moving average is $0.6189. If we look at the stock’s price movements over the week, volatility stands at 24.17%, which decreases to 21.40% 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 72.44 to suggest the stock is overbought.

The consensus objective for the share price is $2.76, suggesting that the stock has a potential upside of 75.0% over the period.

The current price level is 69.08%, 87.85%, and 11.22% away from its SMA20, SMA50, and SMA200 respectively, with the SHOT price moving below the 50-day SMA on current market day. Safety Shot Inc (SHOT) stock is up 41.33% over the week and 126.41% over the past month. Its price is -37.43% year-to-date and -4.40% over the past year.

To reach the target analysts have set, the stock logically needs to grow 75.0 percent from here.

Outstanding shares total 75.18M with insiders holding 13.73% of the shares and institutional holders owning 4.82% of the company’s common stock. The company has a return on equity of -1514.12%. The beta has a value of 1.59. Price to sales ratio is 73.30.

Comet Reports
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.