A new trading day began on Monday, with Serve Robotics Inc (NASDAQ: SERV) stock price up 0.82% from the previous day of trading, before settling in for the closing price of $14.61. SERV’s price has ranged from $1.77 to $37.00 over the past 52 weeks.
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It was noted that within the last five years, the titan of the Industrials sector saw sales topped by 46.25%. With a float of $27.52 million, this company’s outstanding shares have now reached $42.84 million.
The extent of productivity of a business whose workforce counts for 67 workers is very important to gauge. In terms of profitability, gross margin is 13.37%, operating margin of -1875.93%, and the pretax margin is -2079.79%.
Serve Robotics Inc (SERV) Insider and Institutional Ownership
As we move forward, let’s examine how large-scale investors are investing in this stock of the Specialty Industrial Machinery Industry. The insider ownership of Serve Robotics Inc is 37.87%, while institutional ownership is 10.90%. The most recent insider transaction that took place on Dec 20 ’24, was worth 36,750. In this transaction Chief Executive Officer of this company sold 2,500 shares at a rate of $14.70, taking the stock ownership to the 3,295,990 shares. Before that another transaction happened on Dec 20 ’24, when Company’s Officer proposed sale 2,500 for $14.70, making the entire transaction worth $36,750.
Serve Robotics Inc (SERV) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.13 per share during the current fiscal year.
Serve Robotics Inc (NASDAQ: SERV) Trading Performance Indicators
Here are Serve Robotics Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 10.58. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 388.40.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.87, a number that is poised to hit -0.16 in the next quarter
Technical Analysis of Serve Robotics Inc (SERV)
The latest stats from [Serve Robotics Inc, SERV] show that its last 5-days average volume of 13.46 million was superior to 9.47 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 50.49%. Additionally, its Average True Range was 1.87.
During the past 100 days, Serve Robotics Inc’s (SERV) raw stochastic average was set at 73.25%, which indicates a significant increase from 69.34% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 169.08% in the past 14 days, which was higher than the 127.30% volatility it showed in the past 100 days.
Now, the first resistance to watch is $15.55. This is followed by the second major resistance level at $16.36. The third major resistance level sits at $17.60. If the price goes on to break the first support level at $13.49, it is likely to go to the next support level at $12.25. The third support level lies at $11.43 if the price breaches the second support level.
Serve Robotics Inc (NASDAQ: SERV) Key Stats
With a market capitalization of 652.51 million, the company has a total of 44,298K Shares Outstanding. Currently, annual sales are 210 K while annual income is -24,810 K. The company’s previous quarter sales were 220 K while its latest quarter income was -8,000 K.
