Surf Air Mobility Inc (NYSE:SRFM) has a beta value of 1.76 and has seen 1.44 million shares traded in the last trading session. The company, currently valued at $62.09M, closed the last trade at $3.75 per share which meant it gained $1.07 on the day or 39.93% during that session. The SRFM stock price is -215.47% off its 52-week high price of $11.83 and 76.0% above the 52-week low of $0.90. If we look at the company’s 10-day average daily trading volume, we find that it stood at 0.43 million shares traded. The 3-month trading volume is 814.83K shares.
The consensus among analysts is that Surf Air Mobility Inc (SRFM) is Hold stock at the moment, with a recommendation rating of 3.00. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 1 out of 1 have rated it as a Hold, with 0 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is 0.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Surf Air Mobility Inc (NYSE:SRFM) trade information
Sporting 39.93% in the green in last session, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the SRFM stock price touched $3.75 or saw a rise of 3.6%. Year-to-date, Surf Air Mobility Inc shares have moved -65.44%, while the 5-day performance has seen it change 109.50%. Over the past 30 days, the shares of Surf Air Mobility Inc (NYSE:SRFM) have changed 111.86%. Short interest in the company has seen 0.64 million shares shorted with days to cover at 0.35.
Wall Street analysts have a consensus price target for the stock at $1.3, which means that the shares’ value could drop -188.46% from current levels. The projected low price target is $0.4 while the price target rests at a high of $2.2. In that case, then, we find that the current price level is 41.33% off the targeted high while a plunge would see the stock lose 89.33% from current levels.
Surf Air Mobility Inc (SRFM) estimates and forecasts
Figures show that Surf Air Mobility Inc shares have outperformed across the wider relevant industry. The company’s shares have gained 55.50% over the past 6 months, with this year growth rate of 78.46%, compared to -13.80% for the industry. Revenue growth from the last financial year stood is estimated to be 95.43%.
1 analysts offering their estimates for the company have set an average revenue estimate of 26.9M for the current quarter. 2 have an estimated revenue figure of 40.44M for the next ending quarter. Year-ago sales stood 26.84M and 30.62M respectively for this quarter and the next, and analysts expect sales will grow by 0.24% for the current quarter and 95.43% for the next.
SRFM Dividends
Surf Air Mobility Inc is expected to release its next earnings report in December this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Surf Air Mobility Inc (NYSE:SRFM)’s Major holders
Insiders own 16.47% of the company shares, while shares held by institutions stand at 41.21% with a share float percentage of 49.33%. Investors are also buoyed by the number of investors in a company, with Surf Air Mobility Inc having a total of 23.0 institutions that hold shares in the company.
Also the top two Mutual Funds that are holding company’s shares are Vanguard Total Stock Market Index Fund and Vanguard Extended Market Index Fund . As of Jun 30, 2024 , the former fund manager holds about 2.67% shares in the company for having 413.45 shares of worth $1.55 million while later fund manager owns 98.11 shares of worth $0.37 million as of Jun 30, 2024 , which makes it owner of about 0.63% of company’s outstanding stock.
