Now Is The Time To Build A Position In Serve Robotics Inc (NASDAQ:SERV)

In last trading session, Serve Robotics Inc (NASDAQ:SERV) saw 5.34 million shares changing hands with its beta currently measuring 0. Company’s recent per share price level of $16.34 trading at $0.23 or 1.43% at ring of the bell on the day assigns it a market valuation of $792.64M. That closing price of SERV’s stock is at a discount of -126.44% from its 52-week high price of $37.00 and is indicating a premium of 89.17% from its 52-week low price of $1.77. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 10.36 million shares which gives us an average trading volume of 9.61 million if we extend that period to 3-months.

For Serve Robotics Inc (SERV), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.00. Splitting up the data highlights that, out of 1 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 1 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.13 in the current quarter.

Serve Robotics Inc (NASDAQ:SERV) trade information

Upright in the green during last session for gaining 1.43%, in the last five days SERV remained trading in the red while hitting it’s week-highest on Friday, 01/24/25 when the stock touched $16.34 price level, adding 23.03% to its value on the day. Serve Robotics Inc’s shares saw a change of 21.04% in year-to-date performance and have moved -8.31% in past 5-day. Serve Robotics Inc (NASDAQ:SERV) showed a performance of 0.31% in past 30-days. Number of shares sold short was 6.5 million shares which calculate 0.47 days to cover the short interests.

4 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 254.02k for the same. And 3 analysts are in estimates of company making revenue of 719.65k in the next quarter.

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

Insiders are in possession of 23.71% of company’s total shares while institution are holding 17.34 percent of that, with stock having share float percentage of 22.73%. Investors also watch the number of corporate investors in a company very closely, which is 17.34% institutions for Serve Robotics Inc that are currently holding shares of the company.

On the other hand, Amplify Lithium & Battery Technology ETF and EQ Advisors Trust-1290 VT Micro Cap Port are the top two Mutual Funds which own company’s shares. As of Sep 30, 2024 , the former fund manager was holding 32.9 shares of worth $0.54 million or 0.00% of the total outstanding shares. The later fund manager was in possession of 1.8 shares on Sep 30, 2024 , making its stake of worth around $29395.0 in the company or a holder of 0.00% of company’s stock.