Serve Robotics (NASDAQ:SERV) Trading 7.9% Higher

Serve Robotics Inc. (NASDAQ:SERVGet Free Report) shares traded up 7.9% during trading on Tuesday . The company traded as high as $24.09 and last traded at $20.93. 37,674,328 shares traded hands during trading, an increase of 234% from the average session volume of 11,286,129 shares. The stock had previously closed at $19.39.

Wall Street Analysts Forecast Growth

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

Check Out Our Latest Stock Report on Serve Robotics

Serve Robotics Stock Down 16.5 %

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

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

Serve Robotics Company Profile

(Get Free Report)

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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