In the last trading session, 9.74 million shares of the Serve Robotics Inc (NASDAQ:SERV) were traded. Most recently the company’s share price was $18.26, and it changed around -$0.62 or -3.28% from the last close, which brings the market valuation of the company to $885.77M. SERV currently trades at a discount to its 52-week high of $37.00, offering almost -102.63% off that amount. The share price’s 52-week low was $1.77, which indicates that the current value has risen by an impressive 90.31% since then. We note from Serve Robotics Inc’s average daily trading volume that its 10-day average is 16.17 million shares, with the 3-month average coming to 9.29 million.
Serve Robotics Inc stock received a consensus recommendation rating of Buy, based on a mean score of 1.00. If we narrow it down even further, the data shows that 0 out of 4 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 0 recommended SERV as a Hold, whereas 4 deemed it a Buy, and 0 rated it as Underweight. Serve Robotics Inc is expected to report earnings per share of -0.13 for the current quarter.
Serve Robotics Inc (NASDAQ:SERV) trade information
Instantly SERV has showed a red trend with a performance of -3.28% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 19.93 on recent trading dayincreased the stock’s daily price by 8.38%. The company’s shares are currently up 35.26% year-to-date, but still down -2.54% over the last five days. On the other hand, Serve Robotics Inc (NASDAQ:SERV) is 21.90% up in the 30-day period. We can see from the shorts that 3.8 million shares have been sold at a short interest cover period of 0.33 day(s).
Consensus estimates provided by 4 financial analysts predict the company will bring in an average of 254.02k in revenue for the current quarter. 3 analysts expect Serve Robotics Inc to make 719.65k in revenue for the current ending quarter.
SERV Dividends
Serve Robotics Inc’s next quarterly earnings report is expected to be released in February.
Serve Robotics Inc (NASDAQ:SERV)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 23.71% of Serve Robotics Inc shares, and 16.10% of them are in the hands of institutional investors. The stock currently has a share float of 21.11%.
Amplify Lithium & Battery Technology ETF and EQ Advisors Trust-1290 VT Micro Cap Port were the top two Mutual Funds as of Sep 30, 2024 . The former held 32.9 shares worth $0.6 million, making up 0.00% of all outstanding shares. On the other hand, EQ Advisors Trust-1290 VT Micro Cap Port held roughly 1.8 shares worth around $32849.0, which represents about 0.00% of the total shares outstanding.
