SRM Entertainment Inc (SRM): What Makes The Stock Attractive?

SRM Entertainment Inc (NASDAQ:SRM) has a beta value of 1.30 and has seen 0.41 million shares traded in the recent trading session. The company, currently valued at $10.84M, closed the recent trade at $0.68 per share which meant it gained $0.03 on the day or 3.82% during that session. The SRM stock price is -289.71% off its 52-week high price of $2.65 and 19.12% above the 52-week low of $0.55. If we look at the company’s 10-day average daily trading volume, we find that it stood at 0.48 million shares traded. The 3-month trading volume is 3.19 million shares.

SRM Entertainment Inc (NASDAQ:SRM) trade information

Sporting 3.82% in the green today, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the SRM stock price touched $0.68 or saw a rise of 6.85%. Year-to-date, SRM Entertainment Inc shares have moved 7.95%, while the 5-day performance has seen it change 10.41%. Over the past 30 days, the shares of SRM Entertainment Inc (NASDAQ:SRM) have changed -41.47%. Short interest in the company has seen 0.24 million shares shorted with days to cover at 0.2.

SRM Entertainment Inc (SRM) estimates and forecasts

The company’s shares have lost -39.91% over the past 6 months.

SRM Dividends

SRM Entertainment Inc is expected to release its next earnings report in February this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.

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

Insiders own 60.18% of the company shares, while shares held by institutions stand at 0.59% with a share float percentage of 1.49%. Investors are also buoyed by the number of investors in a company, with SRM Entertainment Inc having a total of 11.0 institutions that hold shares in the company.