The price of SRM Entertainment Inc (NASDAQ:SRM) shares last traded on Wall Street fell -32.33% to $0.79.
SRM stock price is now 11.28% away from the 50-day moving average and -25.92% away from the 200-day moving average. The market capitalization of the company currently stands at $10.90M.
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In other news, Safety Shot, Inc., Principal Stockholder bought 1,500,000 shares of the company’s stock on Nov 21 ’24. The stock was bought for $930,000 at an average price of $0.62. An SEC document containing details of the transaction can be found on the SEC’s website. On Jun 07 ’24, 10% Owner Safety Shot, Inc. sold 20,000 shares of the business’s stock. A total of $22,400 was realized by selling the stock at an average price of $1.12. This leaves the insider owning 3,980,000 shares of the company worth $3.14 million.
During the past 12 months, SRM Entertainment Inc has had a low of $0.55 and a high of $3.20. As of last week, the company has a debt-to-equity ratio of 0.46, a current ratio of 1.14, and a quick ratio of 0.80. The fifty day moving average price for SRM is $0.7042 and a two-hundred day moving average price translates $1.06181 for the stock.
The latest earnings results from SRM Entertainment Inc (NASDAQ: SRM) was released for 2024-06-30. The net profit margin was -89.61% and return on equity was -106.58% for SRM. The company reported revenue of $0.88 million for the quarter, compared to $1.13 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -22.34 percent.
