Should This Give Safety Shot Inc (NASDAQ: SHOT) Investors Sleepless Nights?

The trading price of Safety Shot Inc (NASDAQ:SHOT) closed lower on Monday, April 22, closing at $1.57, -14.67% lower than its previous close.

In examining the 52-week price action we see that the stock hit a 52-week high of $7.50 and a 52-week low of $0.26. Over the past month, the stock has lost -34.03% in value.

Safety Shot Inc, whose market valuation is $77.28 million at the time of this writing. Investors’ optimism about the company’s current quarter earnings report is understandable. Analysts have predicted the quarterly earnings per share to grow by $0 per share this quarter, however they have predicted annual earnings per share of $0 for 1970 and $0 for 1970.

A company’s earnings reviews provide a brief indication of a stock’s direction in the short term, where in the case of Safety Shot Inc no upward and no downward comments were posted in the last 7 days. On the technical side, indicators suggest SHOT has a 50% Sell on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a 50% Sell, while an average of long term indicators suggests that the stock is currently 50% Sell.

A quick review shows that SHOT’s price is currently -29.30% off the SMA20 and -33.74% off the SMA50. The RSI metric on the 14-day chart is currently showing 31.62, and weekly volatility stands at 13.07%. When measured over the past 30 days, the indicator reaches 9.59%. Safety Shot Inc (NASDAQ:SHOT)’s beta value is currently sitting at 1.82, while the Average True Range indicator is currently displaying 0.23.

To see how Safety Shot Inc stock has been performing in comparison to its peers in the industry, here are the numbers: SHOT stock’s performance was -14.67% in the latest trading, and 293.79% in the past year.

An evaluation of the daily trading volume of Safety Shot Inc (NASDAQ:SHOT) indicates that the 3-month average is 1.40 million.

Currently, records show that 45.63 million of the company’s shares remain outstanding. The insiders hold 21.86% of outstanding shares, whereas institutions hold 10.32%. However, since the stock’s price has seen -55.27% year-to-date, investors’ interest is likely to be reignited due to its potential to move even lower.

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