SRM Entertainment Inc (NASDAQ: SRM) Is A Risk Capital Investor’s Play

In the latest trading session, 100.8 million SRM Entertainment Inc (NASDAQ:SRM) shares changed hands as the company’s beta touched 1.47. With the company’s most recent per share price at $1.18 changing hands around $0.55 or 87.26% at last look, the market valuation stands at $16.38M. SRM’s current price is a discount, trading about -171.19% off its 52-week high of $3.20. The share price had its 52-week low at $0.55, which suggests the last value was 53.39% up since then. When we look at SRM Entertainment Inc’s average trading volume, we note the 10-day average is 0.27 million shares, with the 3-month average coming to 652.90K.

SRM Entertainment Inc (NASDAQ:SRM) trade information

Instantly SRM is in green as seen in intraday trades today. With action 76.10%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -23.88%, with the 5-day performance at 76.10% in the green. However, in the 30-day time frame, SRM Entertainment Inc (NASDAQ:SRM) is 55.50% up. Looking at the short shares, we see there were 0.24 million shares sold at short interest cover period of 0.2 days.

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SRM Dividends

SRM Entertainment Inc is expected to release its next quarterly earnings report in January.

SRM Entertainment Inc (NASDAQ:SRM)’s Major holders

If we look at who the major shareholders are, we find that insiders hold 60.18% of SRM Entertainment Inc shares while 0.59% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 1.49%.