Now Is The Time To Build A Position In Serve Robotics Inc (NASDAQ:SERV)

In the last trading session, 7.6 million Serve Robotics Inc (NASDAQ:SERV) shares changed hands as the company’s beta touched 0. With the company’s per share price at $11.16 changed hands at -$0.28 or -2.45% during last session, the market valuation stood at $441.94M. SERV’s last price was a discount, traded about -231.54% off its 52-week high of $37.00. The share price had its 52-week low at $1.77, which suggests the last value was 84.14% up since then. When we look at Serve Robotics Inc’s average trading volume, we note the 10-day average is 15.85 million shares, with the 3-month average coming to 16.45 million.

Analysts gave the Serve Robotics Inc (SERV) stock a consensus recommendation rating of 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 SERV as a Hold, 1 felt it is a Buy and 0 rated the stock as Underweight.

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Serve Robotics Inc (NASDAQ:SERV) trade information

Instantly SERV was in red as seen at the end of in last trading. With action -19.07%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -55.36%, with the 5-day performance at -19.07% in the red. However, in the 30-day time frame, Serve Robotics Inc (NASDAQ:SERV) is 324.33% up. Looking at the short shares, we see there were 4.29 million shares sold at short interest cover period of 0.11 days.

Serve Robotics Inc (NASDAQ:SERV)’s Major holders

If we look at who the major shareholders are, we find that insiders hold 34.44% of Serve Robotics Inc shares while 12.77% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 19.48%.