SRM Entertainment Inc (NASDAQ:SRM) traded at $6.72 at close of the session on Tuesday, July 15 and made a downward move of -7.05% on its previous day’s price.
Looking at the stock we see that its previous close was $7.23 with the day’s price range being $6.59 – $7.2151. In terms of its 52-week price range, SRM has a high of $12.80 and a low of $0.26. The company’s stock has gained about 469.49% over that past 30 days.
SRM Entertainment Inc has a market cap of $119.82 million and is expected to release its quarterly earnings report in August.
On the other hand, looking at the outlook for the SRM stock, short term indicators assign the stock an average of 50% Buy, while medium term indicators assign it an average of 100% Buy.
Looking further, we note the current price level is -15.04% off its SMA20 and 90.76% from its 50-day simple moving average. The RSI (14) is pointing at 53.96 while the volatility over the past week is 14.31% and jumps to 28.01% over the past one month. The average price target for the stock over the next 12 months is $0.78, with the estimates having a low of $0.78 and a high of $0.78. These price ends are 88.39% and 88.39% off the current price level respectively, although investors could be excited at the prospect of a 88.39% if the SRM share price touches on the median price of $0.78.
Coming back to SRM Entertainment Inc (NASDAQ:SRM), we note that the average 3-month trading volume was 7.51 million, while that of the preceding 10-day period stands at 3.65 million. Current shares outstanding are 17.24 million.
The insiders hold 41.12% of the company’s shares while institutions hold 1.55%. The data shows that short shares as of 2025-06-13, stood at 0.49 million at a short ratio of 0.66. This represents a 360.00 short interest in shares outstanding on 2025-06-13. Shares short rose in June from the previous month at 0.21 million. Investors should be excited about this stock as its upside potential is great, with current price pushing the stock 528.04% up in year-to-date price movement.
