There has been a significant shift in the fundamentals for Safety Shot Inc (NASDAQ:SHOT)

Safety Shot Inc (NASDAQ:SHOT) shares traded 8.26% higher at $4.85 on Wall Street last session.

In accordance with the data, 1 analysts cover Safety Shot Inc (NASDAQ:SHOT). The consensus rating among analysts is ‘Buy’. As we calculate the median target price by taking the range between a high of $2.76 and a low of $2.76, we find $2.76. Given the previous closing price of $4.48, this indicates a potential downside of -38.39 percent. SHOT stock price is now 148.73% away from the 50-day moving average and 445.17% away from the 200-day moving average. The market capitalization of the company currently stands at $200.89M.

Top 5 Artificial Intelligence Stocks to Buy for 2024

By now, you're well aware of the artificial intelligence boom. You know Big Tech has been investing billions of dollars into it. According to Next Move Strategy Consulting, the AI market – currently valued at about $100 billion – cold grow twenty-fold by 2030 to more than $2 trillion. That means you may want to strongly consider these top AI stocks. Get our free report, "Top 5 AI Stocks to Buy in 2024."

Click here to automatically get the our FREE Report & Special Offer "5 Best AI Stocks to Invest In"

Sponsored

It has been rated a hold by 0 analysts and a buy by 1. Brokers who have rated the stock have averaged $2.76 as their price target over the next twelve months.

A total of 20.84% of the company’s stock is owned by insiders.

Safety Shot Inc (NASDAQ: SHOT) opened at $4.4000 on Friday. During the past 12 months, Safety Shot Inc has had a low of $0.26 and a high of $7.50. As of last week, the company has a debt-to-equity ratio of 0.39, a current ratio of 1.92, and a quick ratio of 1.89. The fifty day moving average price for SHOT is $2.0187 and a two-hundred day moving average price translates $0.9586 for the stock.

The latest earnings results from Safety Shot Inc (NASDAQ: SHOT) was released for Sep, 2023. The net profit margin was -367.79% and return on equity was -234.98% for SHOT. The company reported revenue of $0.48 million for the quarter, compared to $1.57 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -69.15 percent.

Safety Shot Inc(SHOT) Company Profile

Safety Shot, Inc., a wellness and functional beverage company, engages in the research and development of over-the-counter products and intellectual property. Its products pipeline includes Photocil to address psoriasis and vitiligo; JW-700 to treat hair loss; JW-500 for women’s sexual wellness; NoStingz, a jellyfish sting prevention sunscreen; and JW-110 for the treatment of atopic dermatitis/eczema. The company primarily sell its products through third-party physical retail stores and partners. The company was formerly known as Jupiter Wellness, Inc. and changed its name to Safety Shot, Inc. in September 2023. The company was incorporated in 2018 and is headquartered in Jupiter, Florida.

Related Posts