In Tuesday’s Wall Street session, SRM Entertainment Inc (NASDAQ:SRM) shares traded at $7.73, down -15.89% from the previous session.
SRM stock price is now 840.21% away from the 50-day moving average and 1065.51% away from the 200-day moving average. The market capitalization of the company currently stands at $133.27M.
In other news, Safety Shot, Inc., 10% Owner sold 15,398 shares of the company’s stock on Dec 10 ’24. The stock was sold for $12,626 at an average price of $0.82. Upon completion of the transaction, the 10% Owner now directly owns 2,857,511 shares in the company, valued at $22.09 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Nov 21 ’24, Principal Stockholder Safety Shot, Inc. bought 1,500,000 shares of the business’s stock. A total of $930,000 was incurred on buying the stock at an average price of $0.62. A total of 44.62% of the company’s stock is owned by insiders.
During the past 12 months, SRM Entertainment Inc has had a low of $0.26 and a high of $10.84. As of last week, the company has a debt-to-equity ratio of 0.05, a current ratio of 3.66, and a quick ratio of 2.51.
The net profit margin was -74.54% and return on equity was -77.82% for SRM. The company reported revenue of $1.09 million for the quarter, compared to $1.01 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 8.35 percent.
