SRIVARU Holding Ltd. (SVMH) Stock Price and Analyst Predictions

SRIVARU Holding Ltd. (NASDAQ: SVMH) has a price-to-earnings ratio that is above its average at 61.17x. The stock has a 36-month beta value of -0.77.

The public float for SVMH is 35.18M, and at present, short sellers hold a 1.62% of that float. On June 21, 2024, the average trading volume of SVMH was 6.43M shares.

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SVMH) stock’s latest price update

The stock price of SRIVARU Holding Ltd. (NASDAQ: SVMH) has plunged by -0.51 when compared to previous closing price of 0.22, but the company has seen a 40.39% gain in its stock price over the last five trading sessions. investorplace.com reported 2024-06-14 that Srivaru (NASDAQ: SVMH ) stock is rocketing higher on Friday after the electric motorcycles company announced a launch for its PRANA 2.0. The PRANA 2.0 is an electric motorcycle made by the company with value in mind.

SVMH’s Market Performance

SRIVARU Holding Ltd. (SVMH) has experienced a 40.39% rise in stock performance for the past week, with a 44.66% rise in the past month, and a -0.42% drop in the past quarter. The volatility ratio for the week is 40.76%, and the volatility levels for the past 30 days are at 24.51% for SVMH. The simple moving average for the last 20 days is 13.14% for SVMH stock, with a simple moving average of -72.33% for the last 200 days.

SVMH Trading at 20.01% from the 50-Day Moving Average

After a stumble in the market that brought SVMH to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -91.60% of loss for the given period.

Volatility was left at 24.51%, however, over the last 30 days, the volatility rate increased by 40.76%, as shares surge +62.20% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -2.73% lower at present.

During the last 5 trading sessions, SVMH rose by +40.39%, in comparison to the 20-day moving average, which settled at $0.1933. In addition, SRIVARU Holding Ltd. saw -40.15% in overturn over a single year, with a tendency to cut further losses.

Stock Fundamentals for SVMH

Equity return is now at value 0.81, with 0.48 for asset returns.

The liquidity ratio also appears to be rather interesting for investors as it stands at 0.01.

Conclusion

To sum up, SRIVARU Holding Ltd. (SVMH) has seen a mixed performance recently. Analysts have differing views on the stock, with some seeing 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.

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