Wall Street Zen Upgrades Safety Shot (NASDAQ:SHOT) to "Sell"

Safety Shot (NASDAQ:SHOT - Get Free Report) was upgraded by stock analysts at Wall Street Zen to a "sell" rating in a report released on Friday.

Safety Shot Stock Up 6.5%

SHOT stock opened at $0.51 on Friday. The business has a 50-day moving average of $0.36 and a 200-day moving average of $0.45. Safety Shot has a fifty-two week low of $0.23 and a fifty-two week high of $1.77.

Safety Shot (NASDAQ:SHOT - Get Free Report) last issued its quarterly earnings results on Thursday, May 15th. The company reported ($0.08) EPS for the quarter. The company had revenue of $0.04 million during the quarter.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of SHOT. Virtu Financial LLC acquired a new position in Safety Shot during the fourth quarter valued at approximately $33,000. XTX Topco Ltd acquired a new stake in shares of Safety Shot in the first quarter valued at approximately $59,000. Jane Street Group LLC lifted its position in shares of Safety Shot by 397.7% in the fourth quarter. Jane Street Group LLC now owns 102,267 shares of the company's stock valued at $74,000 after buying an additional 81,720 shares during the last quarter. Finally, Geode Capital Management LLC lifted its position in shares of Safety Shot by 13.3% in the fourth quarter. Geode Capital Management LLC now owns 491,743 shares of the company's stock valued at $354,000 after buying an additional 57,876 shares during the last quarter. 12.55% of the stock is owned by institutional investors and hedge funds.

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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