Serve Robotics (NASDAQ:SERV) Sees Strong Trading Volume

Serve Robotics Inc. (NASDAQ:SERVGet Free Report) shares saw unusually-strong trading volume on Tuesday . Approximately 23,503,578 shares were traded during trading, an increase of 113% from the previous session’s volume of 11,046,313 shares.The stock last traded at $20.93 and had previously closed at $19.39.

Wall Street Analysts Forecast Growth

Separately, Aegis raised Serve Robotics to a “strong-buy” rating in a research report on Wednesday, July 24th.

View Our Latest Stock Report on Serve Robotics

Serve Robotics Price Performance

The business has a 50-day moving average price of $3.62.

Serve Robotics (NASDAQ:SERVGet Free Report) last released its quarterly earnings data on Wednesday, May 15th. The company reported ($0.37) earnings per share for the quarter. The business had revenue of $0.95 million during the quarter. Equities research analysts anticipate that Serve Robotics Inc. will post -0.86 EPS for the current fiscal year.

Serve Robotics Company Profile

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Serve Robotics Inc designs, develops, and operates low-emission robots that serve people in public spaces with food delivery in the United States. It builds self-driving delivery robots. The company was formerly known as Patricia Acquisition Corp. and changed its name to Serve Robotics Inc in July 2023.

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