In the last trading session, 8.62 million shares of the Serve Robotics Inc (NASDAQ:SERV) were traded. Most recently the company’s share price was $8.67, and it changed around $1.33 or 18.12% from the last close, which brings the market valuation of the company to $367.09M. SERV currently trades at a discount to its 52-week high of $37.00, offering almost -326.76% off that amount. The share price’s 52-week low was $1.77, which indicates that the current value has risen by an impressive 79.58% since then. We note from Serve Robotics Inc’s average daily trading volume that its 10-day average is 4.84 million shares, with the 3-month average coming to 17.74 million.
Serve Robotics Inc stock received a consensus recommendation rating of Buy, based on a mean score of 1.00. If we narrow it down even further, the data shows that 1 out of 8 analysts rate the stock as a Sell; another 1 rate it as Overweight. Among the rest, 2 recommended SERV as a Hold, whereas 4 deemed it a Buy, and 0 rated it as Underweight.
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Serve Robotics Inc (NASDAQ:SERV) trade information
Instantly SERV has showed a green trend with a performance of 18.12% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 8.93 on recent trading dayincreased the stock’s daily price by 2.91%. The company’s shares are currently down -65.32% year-to-date, but still up 20.08% over the last five days. On the other hand, Serve Robotics Inc (NASDAQ:SERV) is -23.75% down in the 30-day period. We can see from the shorts that 3.84 million shares have been sold at a short interest cover period of 0.26 day(s).
SERV Dividends
Serve Robotics Inc’s next quarterly earnings report is expected to be released in October.
Serve Robotics Inc (NASDAQ:SERV)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 33.84% of Serve Robotics Inc shares, and 21.52% of them are in the hands of institutional investors. The stock currently has a share float of 32.53%.
