SRM Entertainment Inc (NASDAQ:SRM) price closed higher on Monday, June 30, and jumping 0.91% above its previous close.
A look at the daily price movement shows that the last close reads $7.68, with intraday deals fluctuated between $7.46 and $8.85. Taking into account the 52-week price action we note that the stock hit a 52-week high of $12.80 and 52-week low of $0.26. The stock added 1236.21% on its value in the past month.
SRM Entertainment Inc, which has a market valuation of $138.18 million, is expected to release its quarterly earnings report in August.
Technical indicators in stocks provide crucial insights into market trends, guiding investors with precise entry and exit points based on price movements for informed decision-making.On the technical perspective front, indicators give SRM a short term outlook of 100% Buy on average. Looking at the stock’s medium term indicators we note that it is averaging as a 100% Buy, while an average of long term indicators are currently assigning the stock as 100% Buy.
The overview shows that SRM’s price is at present 64.87% off the SMA20 and 260.97% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 64.42, with weekly volatility standing at 19.39%. The indicator jumps to 27.73% when calculated based on the past 30 days. SRM Entertainment Inc (NASDAQ:SRM)’s beta value is holding at 12.43. Considering analysts have assigned the stock a price target range of $0.78-$0.78 as the low and high respectively, we find the trailing 12-month average consensus price target to be $0.78. Based on this estimate, we see that current price is roughly 89.94% off the estimated low and 89.94% off the forecast high. Investors will no doubt be excited to see the share price rise to $0.78, which is the median consensus price, and at that level SRM would be 89.94% from current price.
An analysis of the SRM Entertainment Inc (NASDAQ:SRM) stock in terms of its daily trading volume indicates that the 3-month average is 6.73 million. However, this figure increases on the past 10-day timeline to an average of 40.03 million.
Current records show that the company has 17.24M in outstanding shares. The insiders’ percentage holdings are 47.13% of outstanding shares while the percentage share held by institutions stands at 1.55%. The stats also highlight that short interest as of 2025-06-13, stood at 0.49 million shares, which puts the short ratio at the time at 0.66. From this we can glean that short interest is 360.00 of company’s current outstanding shares. Notably, we see that shares short in June rose slightly given the previous month’s figure stood at 0.21 million. But the 604.55% upside, the stock’s price has registered year-to-date as of last trading, will likely reignite investor interest given the prospect of it rallying even higher.
