Surgepays Inc [NASDAQ: SURG] stock went on an upward path that rose over 23.29% on Thursday, amounting to a one-week price increase of more than 10.43%.
Over the last 12 months, SURG stock dropped by -71.29%. The one-year Surgepays Inc stock forecast points to a potential upside of 70.0. The average equity rating for SURG stock is currently 2.00, trading closer to a bullish pattern in the stock market.
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The market cap for the stock reached $36.30 million, with 14.40 million shares outstanding and 13.74 million shares in the current float. Compared to the average trading volume of 156.34K shares, SURG stock reached a trading volume of 19546243 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on Surgepays Inc [SURG]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for SURG shares is $6.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on SURG stock is a recommendation set at 2.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Maxim Group have made an estimate for Surgepays Inc shares, keeping their opinion on the stock as Hold, with their previous recommendation back on March 13, 2024.
The Average True Range (ATR) for Surgepays Inc is set at 0.21, with the Price to Sales ratio for SURG stock in the period of the last 12 months amounting to 0.43. The Price to Book ratio for the last quarter was 1.07, with the Price to Cash per share for the same quarter was set at 1.18.
SURG Stock Performance Analysis:
Surgepays Inc [SURG] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 10.43. With this latest performance, SURG shares gained by 2.27% in over the last four-week period, additionally sinking by -53.61% over the last 6 months – not to mention a drop of -71.29% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for SURG stock in for the last two-week period is set at 56.33, with the RSI for the last a single of trading hit 61.09, and the three-weeks RSI is set at 53.10 for Surgepays Inc [SURG]. The present Moving Average for the last 50 days of trading for this stock 1.7071, while it was recorded at 1.5800 for the last single week of trading, and 3.3633 for the last 200 days.
Insight into Surgepays Inc Fundamentals:
Surgepays Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 4.70 and a Current Ratio set at 6.24.
SURG Stock EPS
With the latest financial reports released by the company, Surgepays Inc posted 0.19/share EPS, while the average EPS was predicted by analysts to be reported at 0.4/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -0.21. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for SURG. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Surgepays Inc go to 15.00%.
Surgepays Inc [SURG] Institutonal Ownership Details
There are presently around $8.73%, or 12.82%% of SURG stock, in the hands of institutional investors. The top three institutional holders of SURG stocks are: VANGUARD GROUP INC with ownership of 0.53 million shares, which is approximately 3.0031%. CABLE CAR CAPITAL LLC, holding 0.4 million shares of the stock with an approximate value of $$1.28 million in SURG stocks shares; and CABLE CAR CAPITAL LLC, currently with $$0.49 million in SURG stock with ownership which is approximately 0.8619%.
