SRM Entertainment Inc (NASDAQ:SRM) has a beta value of 3.78 and has seen 11.03 million shares traded in the last trading session. The company, currently valued at $136.20M, closed the last trade at $7.9 per share which meant it lost -$1.53 on the day or -16.22% during that session. The SRM stock price is -62.03% off its 52-week high price of $12.80 and 96.71% above the 52-week low of $0.26. If we look at the company’s 10-day average daily trading volume, we find that it stood at 38.81 million shares traded. The 3-month trading volume is 6.38 million shares.
SRM Entertainment Inc (NASDAQ:SRM) trade information
Sporting -16.22% in the red in last session, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the SRM stock price touched $7.9 or saw a rise of 38.28%. Year-to-date, SRM Entertainment Inc shares have moved 722.92%, while the 5-day performance has seen it change -14.04%. Over the past 30 days, the shares of SRM Entertainment Inc (NASDAQ:SRM) have changed 1418.65%. Short interest in the company has seen 0.31 million shares shorted with days to cover at 0.69.
Wall Street analysts have a consensus price target for the stock at $0.78, which means that the shares’ value could drop -912.82% from current levels. The projected low price target is $0.78 while the price target rests at a high of $0.78. In that case, then, we find that the current price level is 90.13% off the targeted high while a plunge would see the stock lose 90.13% from current levels.
SRM Entertainment Inc (SRM) estimates and forecasts
The company’s shares have gained 1207.95% over the past 6 months.
SRM Dividends
SRM Entertainment Inc is expected to release its next earnings report in July this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
SRM Entertainment Inc (NASDAQ:SRM)’s Major holders
Insiders own 35.31% of the company shares, while shares held by institutions stand at 1.60% with a share float percentage of 2.47%. Investors are also buoyed by the number of investors in a company, with SRM Entertainment Inc having a total of 15.0 institutions that hold shares in the company. The top two institutional holders are TOTAL INVESTMENT MANAGEMENT INC with over 29043.0 shares worth more than $36594.0. As of 2024-06-30, TOTAL INVESTMENT MANAGEMENT INC held 0.2851% of shares outstanding.
The other major institutional holder is VANGUARD GROUP INC, with the holding of over 18856.0 shares as of 2024-06-30. The firm’s total holdings are worth over $23759.0 and represent 0.1851% of shares outstanding.
