The price of SRM Entertainment Inc (NASDAQ:SRM) shares last traded on Wall Street rose 27.72% to $0.94.
SRM stock price is now 23.65% away from the 50-day moving average and -21.95% away from the 200-day moving average. The market capitalization of the company currently stands at $9.79M.
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In other news, Safety Shot, Inc., 10% Owner sold 20,000 shares of the company’s stock on Jun 07 ’24. The stock was sold for $22,400 at an average price of $1.12. Upon completion of the transaction, the 10% Owner now directly owns 3,980,000 shares in the company, valued at $3.74 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Dec 29 ’23, Director Haywood Hans bought 6,814 shares of the business’s stock. A total of $11,097 was incurred on buying the stock at an average price of $1.63. This leaves the insider owning 10,000 shares of the company worth $9400.0.
During the past 12 months, SRM Entertainment Inc has had a low of $0.61 and a high of $3.49. As of last week, the company has a debt-to-equity ratio of 0.00, a current ratio of 10.83, and a quick ratio of 8.41. The fifty day moving average price for SRM is $0.75776 and a two-hundred day moving average price translates $1.208315 for the stock.
The latest earnings results from SRM Entertainment Inc (NASDAQ: SRM) was released for 2024-06-30. The net profit margin was -92.34% and return on equity was -295.56% for SRM. The company reported revenue of $1.51 million for the quarter, compared to $2.34 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -35.61 percent.
