SRM Entertainment, Inc. (NASDAQ:SRM – Get Free Report)’s stock price rose 3.7% during trading on Friday . The company traded as high as $1.70 and last traded at $1.68. Approximately 78,731 shares traded hands during trading, a decline of 19% from the average daily volume of 96,954 shares. The stock had previously closed at $1.62.
SRM Entertainment Stock Performance
The business’s 50-day moving average is $1.42 and its 200 day moving average is $1.85.
Hedge Funds Weigh In On SRM Entertainment
An institutional investor recently bought a new position in SRM Entertainment stock. Vanguard Group Inc. bought a new stake in SRM Entertainment, Inc. (NASDAQ:SRM – Free Report) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm bought 16,042 shares of the company’s stock, valued at approximately $25,000. Vanguard Group Inc. owned 0.16% of SRM Entertainment as of its most recent SEC filing. 1.58% of the stock is owned by hedge funds and other institutional investors.
SRM Entertainment Company Profile
SRM Entertainment, Inc designs, manufactures, and sells toys and souvenirs to theme parks. It sells its products through amusement parks, entertainment venues, and theme hotels in the United States, China, Japan, and internationally. The company was incorporated in 2022 and is based in Jupiter, Florida.
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