The volatility ratio for the week is 35.67%, and the volatility levels for the last 30 days are 19.70% for Serve Robotics Inc. The simple moving average for the last 20 days is -36.46% for SERV stock, with a simple moving average of -52.61% for the last 200 days.
Is It Worth Investing in Serve Robotics Inc. (NASDAQ: SERV) Right Now?
Analysts have mixed views on the stock, with 4 analysts rating it as a “buy,” 1 as “overweight,” 2 as “hold,” and 1 as “sell.”
The public float for SERV is 13.72M, and currently, short sellers hold a 0.00% ratio of that float. The average trading volume of SERV on April 25, 2024 was 229.59K shares.
SERV) stock’s latest price update
The stock of Serve Robotics Inc. (NASDAQ: SERV) has decreased by -11.04 when compared to last closing price of 3.17. Despite this, the company has experienced a -46.79% fall in its stock price over the last five trading sessions. wsj reported 2020-09-24 that The agreement that the insurance group has negotiated would also require it curb practices that allegedly limited competition among its 36 member companies, according to people with knowledge of the matter.
SERV Trading at -52.61% from the 50-Day Moving Average
After a stumble in the market that brought SERV to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -92.38% of loss for the given period.
Volatility was left at 19.70%, however, over the last 30 days, the volatility rate increased by 35.67%.
During the last 5 trading sessions, SERV fell by -9.32%, in comparison to the 20-day moving average. In addition, Serve Robotics Inc. saw -88.72% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for SERV
Current profitability levels for the company are sitting at:
- 0.14 for the present operating margin
- 0.43 for the gross margin
The net margin for Serve Robotics Inc. stands at 0.06. The total capital return value is set at 0.06.
Based on Serve Robotics Inc. (SERV), the company’s capital structure generated 0.42 points at debt to capital in total, while cash flow to debt ratio is standing at 0.15. The debt to equity ratio resting at 0.72. The interest coverage ratio of the stock is 3.36.
Currently, EBITDA for the company is 365.0 million with net debt to EBITDA at 4.35. When we switch over and look at the enterprise to sales, we see a ratio of 0.8. The receivables turnover for the company is 9.53for trailing twelve months and the total asset turnover is 0.39.
Conclusion
To put it simply, Serve Robotics Inc. (SERV) has had a bad performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
