Serve Robotics Inc (SERV) went down -6.10% yesterday: Is this the Most Sought-After Stock Today?

Serve Robotics Inc (NASDAQ: SERV) open the trading on Thursday, with a bit cautious approach as it glided -6.10% to $7.85, before settling in for the price of $8.36 at the close. Taking a more long-term approach, SERV posted a 52-week range of $1.77-$37.00.

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It was noted that the giant of the Industrials sector posted annual sales growth of 46.25% over the last 5 years. This publicly-traded company’s shares outstanding now amounts to $36.94 million, simultaneously with a float of $28.24 million. The organization now has a market capitalization sitting at $347.74 million. At the time of writing, stock’s 50-day Moving Average stood at $8.82.

Serve Robotics Inc (SERV) Ownership Facts and Figures

Sometimes it helps to make our mind if we keep our tabs on how bigger investors are working with the stock of the Specialty Industrial Machinery industry. Serve Robotics Inc’s current insider ownership accounts for 36.24%, in contrast to 16.08% institutional ownership. According to the most recent insider trade that took place on Nov 12 ’24, this organization’s Director sold 140,231 shares at the rate of 8.74, making the entire transaction reach 1,225,310 in total value, affecting insider ownership by 518,804. Preceding that transaction, on Nov 13 ’24, Company’s Director sold 3,872 for 8.40, making the whole transaction’s value amount to 32,535. This particular insider is now the holder of 514,932 in total.

Serve Robotics Inc (NASDAQ: SERV) Trading Performance Indicators

Let’s observe the current performance indicators for Serve Robotics Inc (SERV). It’s Quick Ratio in the last reported quarter now stands at 10.55. The Stock has managed to achieve an average true range (ATR) of 1.05. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 206.99.

In the same vein, SERV’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.87, a figure that is expected to reach -0.16 in the next quarter.

Technical Analysis of Serve Robotics Inc (SERV)

[Serve Robotics Inc, SERV] recent stats showed that its last 5-days Average volume was poorer than the volume it posted in the year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 5.06% While, its Average True Range was 1.01.

Raw Stochastic average of Serve Robotics Inc (SERV) in the period of the previous 100 days is set at 27.08%, which indicates a major rise in contrast to 0.99% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 136.39% that was lower than 227.06% volatility it exhibited in the past 100-days period.