Serve Robotics Inc (NASDAQ: SERV) Up 79.61% From 52-Week Low; YTD Falls -65.28% – Here’s What To Do Now

Serve Robotics Inc (NASDAQ:SERV)’s traded shares stood at 4.89 million during the last session. At the close of trading, the stock’s price was $8.68, to imply a decrease of -1.14% or -$0.1 in intraday trading. The SERV share’s 52-week high remains $37.00, putting it -326.27% down since that peak but still an impressive 79.61% since price per share fell to its 52-week low of $1.77. The company has a valuation of $384.51M, with an average of 3.91 million shares in intraday trading volume over the past 10 days and average of 5.20 million shares over the past 3 months.

Analysts have given a consensus recommendation of Buy for Serve Robotics Inc (SERV), translating to a mean rating of 1.00. Of 1 analyst(s) looking at the stock, 0 analyst(s) give SERV a Sell rating. 0 of those analysts rate the stock as Overweight while 0 advise Hold as 1 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at -0.13.

Serve Robotics Inc (NASDAQ:SERV) trade information

After registering a -1.14% downside in the last session, Serve Robotics Inc (SERV) has traded red over the past five days. The 5-day price performance for the stock is -1.14%, and -8.15% over 30 days. With these gigs, the year-to-date price performance is -65.28%. Short interest in Serve Robotics Inc (NASDAQ:SERV) saw shorts transact 3.69 million shares and set a 0.59 days time to cover.

Revenue forecast for the current quarter as set by 4 analysts is 254.02k. Meanwhile, for the current quarter, a total of 3 analyst(s) estimate revenue growth to 719.65k.

SERV Dividends

Serve Robotics Inc has its next earnings report out in January. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.

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

Serve Robotics Inc insiders hold 33.63% of total outstanding shares, with institutional holders owning 19.31% of the shares at 29.09% float percentage. In total, 19.31% institutions holds shares in the company.