In the last trading session, 4.91 million shares of the Serve Robotics Inc (NASDAQ:SERV) were traded. Most recently the company’s share price was $8.37, and it changed around -$0.64 or -7.10% from the last close, which brings the market valuation of the company to $406.01M. SERV currently trades at a discount to its 52-week high of $37.00, offering almost -342.05% off that amount. The share price’s 52-week low was $1.77, which indicates that the current value has risen by an impressive 78.85% since then.
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 -7.10% 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 10.54 on recent trading dayincreased the stock’s daily price by 20.59%. The company’s shares are currently down -38.00% year-to-date, but still down -19.29% over the last five days. On the other hand, Serve Robotics Inc (NASDAQ:SERV) is -48.78% down in the 30-day period.
The consensus price target as assigned by Wall Street analysts is $23, which translates to bulls needing to increase their stock price by 63.61% from its current value. Analyst projections state that SERV is forecast to be at a low of $23 and a high of $23.
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 April.
