During the last session, SRM Entertainment Inc (NASDAQ:SRM)’s traded shares were 0.7 million, with the beta value of the company hitting 0.99. At the end of the trading day, the stock’s price was $0.33, reflecting an intraday gain of 16.31% or $0.05. The 52-week high for the SRM share is $1.70, that puts it down -415.15 from that peak though still a striking 21.21% gain since the share price plummeted to a 52-week low of $0.26. The company’s market capitalization is $5.65M, and the average intraday trading volume over the past 10 days was 0.31 million shares, and the average trade volume was 6.00 million shares over the past three months.
SRM Entertainment Inc (NASDAQ:SRM) trade information
SRM Entertainment Inc (SRM) registered a 16.31% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 16.31% in intraday trading to $0.33, hitting a weekly high. The stock’s 5-day price performance is 14.05%, and it has moved by -18.45% in 30 days. Based on these gigs, the overall price performance for the year is -79.50%. The short interest in SRM Entertainment Inc (NASDAQ:SRM) is 0.24 million shares and it means that shorts have 0.59 day(s) to cover.
The consensus price target of analysts on Wall Street is $0.78, which implies an increase of 57.69% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $0.78 and $0.78 respectively. As a result, SRM is trading at a discount of -136.36% off the target high and -136.36% off the low.
SRM Dividends
SRM Entertainment Inc is due to release its next quarterly earnings in May. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
SRM Entertainment Inc (NASDAQ:SRM)’s Major holders
SRM Entertainment Inc insiders own 36.52% of total outstanding shares while institutional holders control 5.49%, with the float percentage being 8.64%.
Also, the Mutual Funds coming in first place with the largest holdings of SRM Entertainment Inc (SRM) shares are Fidelity Concord Street Trust-Fidelity Extended Market Index Fund and Fidelity Concord Street Trust-Fidelity Nasdaq Composite Index Fund . Data provided on Feb 28, 2025 indicates that Fidelity Concord Street Trust-Fidelity Extended Market Index Fund owns about 19.04 shares. This amounts to just over 0.11 percent of the company’s overall shares, with a $6245.0 market value. The same data shows that the other fund manager holds slightly less at 4.69, or about 0.03% of the stock, which is worth about $1537.0.
