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

In last trading session, Serve Robotics Inc (NASDAQ:SERV) saw 4.16 million shares changing hands with its beta currently measuring 0. Company’s recent per share price level of $10.09 trading at $0.28 or 2.85% at ring of the bell on the day assigns it a market valuation of $432.99M. That closing price of SERV’s stock is at a discount of -266.7% from its 52-week high price of $37.00 and is indicating a premium of 82.46% from its 52-week low price of $1.77. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 6.36 million shares which gives us an average trading volume of 6.74 million if we extend that period to 3-months.

For Serve Robotics Inc (SERV), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.00. Splitting up the data highlights that, out of 1 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 1 see the stock as a Buy. 0 analyst(s) advised it as an Underweight.

Serve Robotics Inc (NASDAQ:SERV) trade information

Upright in the green during last session for gaining 2.85%, in the last five days SERV remained trading in the red while hitting it’s week-highest on Thursday, 10/31/24 when the stock touched $10.09 price level, adding 11.1% to its value on the day. Serve Robotics Inc’s shares saw a change of -59.64% in year-to-date performance and have moved -11.26% in past 5-day. Serve Robotics Inc (NASDAQ:SERV) showed a performance of 4.45% in past 30-days. Number of shares sold short was 5.17 million shares which calculate 1.1 days to cover the short interests.

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

Insiders are in possession of 34.07% of company’s total shares while institution are holding 24.97 percent of that, with stock having share float percentage of 37.88%. Investors also watch the number of corporate investors in a company very closely, which is 24.97% institutions for Serve Robotics Inc that are currently holding shares of the company.