The volatility ratio for the week is 10.52%, and the volatility levels for the last 30 days are 17.79% for Serve Robotics Inc. The simple moving average for the last 20 days is -12.91% for SERV stock, with a simple moving average of -43.75% for the last 200 days.
Is It Worth Investing in Serve Robotics Inc. (NASDAQ: SERV) Right Now?
Analysts have varying opinions 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 25.83M and currently, short sellers hold a 0.00% of that float. On May 10, 2024, SERV’s average trading volume was 227.08K shares.
SERV) stock’s latest price update
The stock price of Serve Robotics Inc. (NASDAQ: SERV) has surged by 5.88 when compared to previous closing price of 2.72, but the company has seen a 21.01% gain 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 -43.75% 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 -92.22% of loss for the given period.
Volatility was left at 17.79%, however, over the last 30 days, the volatility rate increased by 10.52%.
During the last 5 trading sessions, SERV rose by +21.01%, in comparison to the 20-day moving average. In addition, Serve Robotics Inc. saw -88.48% 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 wrap up, the performance of Serve Robotics Inc. (SERV) has been mixed in recent times. The stock has received a bullish of “buy” and “hold” ratings from analysts. 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.
