In the last trading session, 5.89 million Safety Shot Inc (NASDAQ:SHOT) shares changed hands as the company’s beta touched 0.86. With the company’s per share price at $3.18 changed hands at $0.26 or 8.90% during last session, the market valuation stood at $118.36M. SHOT’s last price was a discount, traded about -5.03% off its 52-week high of $3.34. The share price had its 52-week low at $0.26, which suggests the last value was 91.82% up since then. When we look at Safety Shot Inc’s average trading volume, we note the 10-day average is 2.94 million shares, with the 3-month average coming to 1.03 million.
Analysts gave the Safety Shot Inc (SHOT) stock a consensus recommendation rating of a Buy, calculated at a mean rating of 1.00. If we narrow down to specifics, the data shows that 0 out of 1 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended SHOT as a Hold, 1 felt it is a Buy and 0 rated the stock as Underweight. Safety Shot Inc’s EPS for the current quarter is expected to be $0.
Safety Shot Inc (NASDAQ:SHOT) trade information
Instantly SHOT was in green as seen at the end of in last trading. With action 86.51%, the performance over the past five days has been green. The jump to weekly highs of 3.34 on Friday, 11/17/23 added 8.90% to the stock’s daily price. The company’s shares are showing year-to-date upside of 393.60%, with the 5-day performance at 86.51% in the green. However, in the 30-day time frame, Safety Shot Inc (NASDAQ:SHOT) is 135.56% up. Looking at the short shares, we see there were 1.82 million shares sold at short interest cover period of 3.41 days.
The consensus price target for the stock as assigned by Wall Street analysts is $2.76, meaning bulls need a downside of -15.22% from its current market value. According to analyst projections, SHOT’s forecast low is $2.76 with $2.76 as the target high. To hit the forecast high, the stock’s price needs a 13.21% surge from its current level, while the stock would need to tank 13.21% for it to hit the projected low.
Safety Shot Inc is expected to release its next quarterly earnings report in December.
Safety Shot Inc (NASDAQ:SHOT)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 44.96% of Safety Shot Inc shares while 18.71% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 33.99%. There are 18.71% institutions holding the Safety Shot Inc stock share, with Glenview Trust Co the top institutional holder. As of Sep 29, 2023, the company held 5.49% of the shares, roughly 2.04 million SHOT shares worth $6.49 million.
Vanguard Group Inc holds the second largest percentage of outstanding shares, with 0.64% or 0.24 million shares worth $0.76 million as of Sep 29, 2023.
Among Mutual Funds, the top two as of Jun 29, 2023 were Vanguard Total Stock Market Index Fund and Fidelity Extended Market Index Fund. With 0.24 million shares estimated at $0.77 million under it, the former controlled 0.65% of total outstanding shares. On the other hand, Fidelity Extended Market Index Fund held about 0.14% of the shares, roughly 51735.0 shares worth around $0.16 million.