In the last trading session, 1.17 million SRM Entertainment Inc (NASDAQ:SRM) shares changed hands as the company’s beta touched 0.49. With the company’s per share price at $0.40 changed hands at $0.01 or 0.43% during last session, the market valuation stood at $6.82M. SRM’s last price was a discount, traded about -315.0% off its 52-week high of $1.66. The share price had its 52-week low at $0.26, which suggests the last value was 35.0% up since then. When we look at SRM Entertainment Inc’s average trading volume, we note the 10-day average is 0.69 million shares, with the 3-month average coming to 6.06 million.
SRM Entertainment Inc (NASDAQ:SRM) trade information
Instantly SRM was in green as seen at the end of in last trading. With action 20.55%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -37.14%, with the 5-day performance at 20.55% in the green. However, in the 30-day time frame, SRM Entertainment Inc (NASDAQ:SRM) is -14.97% down. Looking at the short shares, we see there were 0.11 million shares sold at short interest cover period of 0.51 days.
The consensus price target for the stock as assigned by Wall Street analysts is 0.78, meaning bulls need an upside of 48.72% from its current market value. According to analyst projections, SRM’s forecast low is 0.78 with 0.78 as the target high. To hit the forecast high, the stock’s price needs a -95.0% plunge from its current level, while the stock would need to soar -95.0% for it to hit the projected low.
SRM Dividends
SRM Entertainment Inc is expected to release its next quarterly earnings report in May.
SRM Entertainment Inc (NASDAQ:SRM)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 36.52% of SRM Entertainment Inc shares while 5.49% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 8.64%.
Among Mutual Funds, the top two as of Feb 28, 2025 were Fidelity Concord Street Trust-Fidelity Extended Market Index Fund and Fidelity Concord Street Trust-Fidelity Nasdaq Composite Index Fund . With 19.04 shares estimated at $7528.0 under it, the former controlled 0.11% of total outstanding shares. On the other hand, Fidelity Concord Street Trust-Fidelity Nasdaq Composite Index Fund held about 0.03% of the shares, roughly 4.69 shares worth around $1853.0.
