SRM Entertainment Inc (SRM) Moves -22.04% Lower: These Numbers are Too Good to be True

Witnessing the stock’s movement on the chart, on Thursday, SRM Entertainment Inc (NASDAQ: SRM) had a quiet start as it plunged -22.04% to $0.48, before settling in for the price of $0.62 at the close. Taking a more long-term approach, SRM posted a 52-week range of $0.30-$1.85.

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In the past 5-years timespan, the Consumer Cyclical sector firm’s annual sales growth was -5.19%. This publicly-traded company’s shares outstanding now amounts to $12.16 million, simultaneously with a float of $8.84 million. The organization now has a market capitalization sitting at $7.73 million. At the time of writing, stock’s 50-day Moving Average stood at $0.5430, while the 200-day Moving Average is $0.8310.

SRM Entertainment Inc (SRM) Ownership Facts and Figures

Nothing is more important than checking the behaviour of major investors towards the stock of the Leisure industry. SRM Entertainment Inc’s current insider ownership accounts for 44.62%, in contrast to 5.87% institutional ownership. According to the most recent insider trade that took place on Dec 10 ’24, this organization’s 10% Owner sold 15,398 shares at the rate of 0.82, making the entire transaction reach 12,626 in total value, affecting insider ownership by 2,857,511.

SRM Entertainment Inc (SRM) Earnings and Revenue Records

Wall Street market experts anticipate that the next fiscal year will bring earnings of 0 per share during the current fiscal year.

SRM Entertainment Inc (NASDAQ: SRM) Trading Performance Indicators

Let’s observe the current performance indicators for SRM Entertainment Inc (SRM). It’s Quick Ratio in the last reported quarter now stands at 0.80. The Stock has managed to achieve an average true range (ATR) of 0.11. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 1.68.

In the same vein, SRM’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.41.

Technical Analysis of SRM Entertainment Inc (SRM)

Going through the that latest performance of [SRM Entertainment Inc, SRM]. Its last 5-days volume of 2.37 million was inferior to the volume of 9.97 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 27.21% While, its Average True Range was 0.1239.

Raw Stochastic average of SRM Entertainment Inc (SRM) in the period of the previous 100 days is set at 13.55%, which indicates a major fall in contrast to 23.33% 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 343.06% that was higher than 197.27% volatility it exhibited in the past 100-days period.