Serve Robotics Inc (NASDAQ:SERV)’s traded shares stood at 3.95 million during the last session, with the company’s beta value hitting 3.37. At the close of trading, the stock’s price was $7.40, to imply an increase of 2.92% or $0.21 in intraday trading. The SERV share’s 52-week high remains $24.35, putting it -229.05% down since that peak but still an impressive 76.08% since price per share fell to its 52-week low of $1.77. The company has a valuation of $421.19M, with an average of 4.95 million shares in intraday trading volume over the past 10 days and average of 10.67 million shares over the past 3 months.
Analysts have given a consensus recommendation of Buy for Serve Robotics Inc (SERV), translating to a mean rating of 1.00. Of 1 analyst(s) looking at the stock, 0 analyst(s) give SERV a Sell rating. 0 of those analysts rate the stock as Overweight while 0 advise Hold as 1 recommend it as a Buy.
Serve Robotics Inc (NASDAQ:SERV) trade information
After registering a 2.92% upside in the last session, Serve Robotics Inc (SERV) has traded red over the past five days. The 5-day price performance for the stock is -1.73%, and -37.39% over 30 days. With these gigs, the year-to-date price performance is -45.19%. Short interest in Serve Robotics Inc (NASDAQ:SERV) saw shorts transact 6.69 million shares and set a 0.58 days time to cover.
The extremes give us $23 and $23 for target low and target high price respectively. As such, SERV has been trading -210.81% off suggested target high and -210.81% from its likely low.
SERV Dividends
Serve Robotics Inc has its next earnings report out on 2025-Mar-05. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.
Serve Robotics Inc (NASDAQ:SERV)’s Major holders
Serve Robotics Inc insiders hold 23.36% of total outstanding shares, with institutional holders owning 12.54% of the shares at 16.36% float percentage. In total, 12.54% institutions holds shares in the company, led by NVIDIA CORP. As of 2024-06-30, the company held over 3.73 million shares (or 11.0284% of shares), all amounting to roughly $7.27 million.
The next major institution holding the largest number of shares is AWM INVESTMENT COMPANY, INC. with 1.82 million shares, or about 5.3808% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $3.55 million.
We also have Fidelity Total Market Index Fund and Fidelity Nasdaq Composite Index Fund as the top two Mutual Funds with the largest holdings of the Serve Robotics Inc (SERV) shares. Going by data provided on Dec 31, 2024, Fidelity Total Market Index Fund holds roughly 28.41 shares. This is just over 0.00% of the total shares, with a market valuation of $0.21 million. Data from the same date shows that the other fund manager holds a little less at 25.67, or 0.00% of the shares, all valued at about 0.19 million.
