In the last trading session, 2.5 million SRM Entertainment Inc (NASDAQ:SRM) shares changed hands as the company’s beta touched 10.89. With the company’s per share price at $7.68 changed hands at -$0.28 or -3.52% during last session, the market valuation stood at $136.93M. SRM’s last price was a discount, traded about -66.67% off its 52-week high of $12.80. The share price had its 52-week low at $0.26, which suggests the last value was 96.61% up since then. When we look at SRM Entertainment Inc’s average trading volume, we note the 10-day average is 39.56 million shares, with the 3-month average coming to 6.69 million.

SRM Entertainment Inc (NASDAQ:SRM) trade information

Instantly SRM was in red as seen at the end of in last trading. With action -30.43%, the performance over the past five days has been red. The company’s shares are showing year-to-date upside of 573.68%, with the 5-day performance at -30.43% in the red. However, in the 30-day time frame, SRM Entertainment Inc (NASDAQ:SRM) is 1119.05% up. Looking at the short shares, we see there were 0.49 million shares sold at short interest cover period of 0.66 days.

The consensus price target for the stock as assigned by Wall Street analysts is 0.78, meaning bulls need a downside of -884.62% 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 89.84% surge from its current level, while the stock would need to tank 89.84% for it to hit the projected low.

SRM Dividends

SRM Entertainment Inc is expected to release its next quarterly earnings report in July.

SRM Entertainment Inc (NASDAQ:SRM)’s Major holders

If we look at who the major shareholders are, we find that insiders hold 36.99% of SRM Entertainment Inc shares while 1.60% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 2.54%. There are 1.60% institutions holding the SRM Entertainment Inc stock share, with TOTAL INVESTMENT MANAGEMENT INC the top institutional holder. As of 2024-06-30, the company held 0.2851% of the shares, roughly 29043.0 SRM shares worth $36594.0.

VANGUARD GROUP INC holds the second largest percentage of outstanding shares, with 0.1851% or 18856.0 shares worth $23759.0 as of 2024-06-30.