Safety Shot (NASDAQ:SHOT) Earns "Sell (D-)" Rating from Weiss Ratings

Key Points

• Safety Shot's stock has been reissued a "Sell (D-)" rating by Weiss Ratings, indicating a pessimistic outlook from investment analysts.
• Despite the negative rating from Weiss, Wall Street Zen upgraded the stock from "sell" to a "hold" rating recently, reflecting some mixed signals regarding its performance.
• Tyche Wealth Partners LLC increased its holdings in Safety Shot by 142.9%, indicating some institutional interest despite the stock's challenges.

Safety Shot (NASDAQ:SHOT - Get Free Report)'s stock had its "sell (d-)" rating reissued by investment analysts at Weiss Ratings in a report released on Wednesday,Weiss Ratings reports.

Separately, Wall Street Zen upgraded shares of Safety Shot from a "sell" rating to a "hold" rating in a research note on Saturday, August 16th. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company has an average rating of "Sell".

Safety Shot Stock Performance

Shares of NASDAQ:SHOT opened at $0.42 on Wednesday. Safety Shot has a 52 week low of $0.23 and a 52 week high of $1.34. The company's fifty day moving average is $0.49 and its 200-day moving average is $0.45.

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

Institutional Trading of Safety Shot

An institutional investor recently raised its position in Safety Shot stock. Tyche Wealth Partners LLC increased its holdings in shares of Safety Shot, Inc. (NASDAQ:SHOT - Free Report) by 142.9% in the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 85,000 shares of the company's stock after purchasing an additional 50,000 shares during the quarter. Tyche Wealth Partners LLC owned 0.08% of Safety Shot worth $28,000 as of its most recent filing with the SEC. 12.55% of the stock is owned by institutional investors.

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.

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