Before You Invest In Safety Shot Inc (NASDAQ:SHOT), Consider This Metric

In yesterday’s Wall Street session, Safety Shot Inc (NASDAQ:SHOT) shares traded at $3.18, up 8.90% from the previous session.

As of this writing, 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 $2.92, this indicates a potential downside of -5.48 percent. SHOT stock price is now 117.58% away from the 50-day moving average and 336.88% away from the 200-day moving average. The market capitalization of the company currently stands at $118.36M.

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There are 0 analysts who have given it a hold rating, whereas 1 have given it a buy rating. Brokers who have rated the stock have averaged $2.76 as their price target over the next twelve months.

A total of 20.94% of the company’s stock is owned by insiders.

Friday morning saw Safety Shot Inc (NASDAQ: SHOT) opened at $2.9200. During the past 12 months, Safety Shot Inc has had a low of $0.26 and a high of $3.34. 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 $1.5001 and a two-hundred day moving average price translates $0.7926 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.

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