Shares of Serve Robotics Inc. (NASDAQ:SERV - Get Free Report) traded up 5.9% during trading on Wednesday . The company traded as high as $10.25 and last traded at $10.03. 1,960,368 shares traded hands during mid-day trading, a decline of 84% from the average session volume of 12,037,041 shares. The stock had previously closed at $9.47.
Analyst Ratings Changes
Separately, Aegis raised Serve Robotics to a "strong-buy" rating in a report on Wednesday, July 24th.
View Our Latest Analysis on Serve Robotics
Serve Robotics Price Performance
The business has a 50-day simple moving average of $7.80.
Institutional Investors Weigh In On Serve Robotics
A hedge fund recently bought a new stake in Serve Robotics stock. PFG Investments LLC bought a new stake in Serve Robotics Inc. (NASDAQ:SERV - Free Report) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 56,408 shares of the company's stock, valued at approximately $110,000. PFG Investments LLC owned approximately 0.15% of Serve Robotics as of its most recent SEC filing.
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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