Safety Shot (NASDAQ:SHOT) Posts Earnings Results

Key Points

• Safety Shot reported a quarterly loss of ($0.03) EPS and revenues of $0.45 million, reflecting its performance in the latest financial results.
• The company’s stock experienced a price increase to $0.65 with a trading volume of approximately 6.9 million shares on Friday.
• Wall Street Zen upgraded Safety Shot shares from a "sell" to a "hold" rating, indicating a shift in analyst sentiment regarding the company's stock.

Safety Shot (NASDAQ:SHOT - Get Free Report) issued its earnings results on Thursday, August 14th. The company reported ($0.03) earnings per share for the quarter, Zacks reports. The company had revenue of $0.45 million during the quarter.

Safety Shot Stock Down 2.8%

Shares of SHOT stock traded down $0.0137 during midday trading on Thursday, reaching $0.4727. 3,508,349 shares of the stock were exchanged, compared to its average volume of 10,403,774. Safety Shot has a 1 year low of $0.23 and a 1 year high of $1.77. The company's 50 day moving average is $0.55 and its two-hundred day moving average is $0.48.

Analysts Set New Price Targets

Separately, Wall Street Zen upgraded Safety Shot from a "sell" rating to a "hold" rating in a report on Saturday, August 16th.

Safety Shot Company Profile

Safety Shot, Inc, a wellness and functional beverage company, researches and develops over-the-counter products and intellectual property. The company offers Safety Shot Beverage, an over-the-counter drink that lowers blood alcohol content. It also develops Photocil to address psoriasis and vitiligo; JW-700 to treat hair loss; JW-500 for women's sexual wellness; and NoStingz, a jellyfish sting prevention sunscreen.