Serve Robotics Inc (SERV) Will Continue To Grow In 2024.

In the last trading session, 7.63 million Serve Robotics Inc (NASDAQ:SERV) shares changed hands as the company’s beta touched 0. With the company’s per share price at $9.36 changed hands at $0.8 or 9.35% during last session, the market valuation stood at $396.30M. SERV’s last price was a discount, traded about -295.3% 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 81.09% up since then. When we look at Serve Robotics Inc’s average trading volume, we note the 10-day average is 6.29 million shares, with the 3-month average coming to 18.93 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. Serve Robotics Inc’s EPS for the current quarter is expected to be -0.18.

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Serve Robotics Inc (NASDAQ:SERV) trade information

Instantly SERV was in green as seen at the end of in last trading. With action 7.83%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -62.56%, with the 5-day performance at 7.83% in the green. However, in the 30-day time frame, Serve Robotics Inc (NASDAQ:SERV) is 19.24% up. Looking at the short shares, we see there were 4.63 million shares sold at short interest cover period of 1.02 days.

Consensus estimates given by 2 financial analysts project the company’s revenue in the current quarter to hit an average of 310k. 2 analysts are of the opinion that Serve Robotics Inc’s revenue for the current quarter will be 380k.

SERV Dividends

Serve Robotics Inc is expected to release its next quarterly earnings report in November.

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

If we look at who the major shareholders are, we find that insiders hold 34.07% of Serve Robotics Inc shares while 22.05% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 33.45%.