Future Outlook And Stock Price Performance For SRM Entertainment Inc (NASDAQ: SRM)

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In the last trading session, 1.19 million shares of the SRM Entertainment Inc (NASDAQ:SRM) were traded, and its beta was 1.42. Most recently the company’s share price was $0.75, and it changed around $0.02 or 2.66% from the last close, which brings the market valuation of the company to $10.34M. SRM currently trades at a discount to its 52-week high of $3.08, offering almost -310.67% off that amount. The share price’s 52-week low was $0.55, which indicates that the current value has risen by an impressive 26.67% since then. We note from SRM Entertainment Inc’s average daily trading volume that its 10-day average is 15.46 million shares, with the 3-month average coming to 2.98 million.

SRM Entertainment Inc (NASDAQ:SRM) trade information

Instantly SRM has showed a green trend with a performance of 2.66% 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 1.6600 on recent trading dayincreased the stock’s daily price by 54.82%. The company’s shares are currently down -51.94% year-to-date, but still up 19.77% over the last five days. On the other hand, SRM Entertainment Inc (NASDAQ:SRM) is 14.39% up in the 30-day period. We can see from the shorts that 0.24 million shares have been sold at a short interest cover period of 0.2 day(s).

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SRM Dividends

SRM Entertainment Inc’s next quarterly earnings report is expected to be released in January.

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

Upon looking at major shareholders, it appears that insiders hold 60.18% of SRM Entertainment Inc shares, and 0.59% of them are in the hands of institutional investors. The stock currently has a share float of 1.49%.