In last trading session, Surf Air Mobility Inc (NYSE:SRFM) saw 0.36 million shares changing hands with its beta currently measuring 2.74. Company’s recent per share price level of $3.74 trading at $0.26 or 7.47% at ring of the bell on the day assigns it a market valuation of $58.00M. That closing price of SRFM’s stock is at a discount of -216.31% from its 52-week high price of $11.83 and is indicating a premium of 75.94% from its 52-week low price of $0.90. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.54 million shares which gives us an average trading volume of 838.06K if we extend that period to 3-months.
For Surf Air Mobility Inc (SRFM), analysts’ consensus is at an average recommendation of Hold while assigning it a mean rating of 3.00. Splitting up the data highlights that, out of 1 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 1 suggested the stock as a Hold whereas 0 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of 0 in the current quarter.
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Surf Air Mobility Inc (NYSE:SRFM) trade information
Upright in the green during last session for gaining 7.47%, in the last five days SRFM remained trading in the green while hitting it’s week-highest on Wednesday, 11/27/24 when the stock touched $3.74 price level, adding 5.32% to its value on the day. Surf Air Mobility Inc’s shares saw a change of -65.53% in year-to-date performance and have moved 82.44% in past 5-day. Surf Air Mobility Inc (NYSE:SRFM) showed a performance of 104.37% in past 30-days. Number of shares sold short was 0.64 million shares which calculate 0.35 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 1.3 to the stock, which implies a fall of -187.69% to its current value. Analysts have been projecting 0.4 as a low price target for the stock while placing it at a high target of 2.2. It follows that stock’s current price would jump 89.3% in reaching the projected high whereas dropping to the targeted low would mean a gain of 89.3% for stock’s current value.
Surf Air Mobility Inc (SRFM) estimates and forecasts
Statistics highlight that Surf Air Mobility Inc is scoring comparatively higher than the scores of other players of the relevant industry. The company added 56.22% of value to its shares in past 6 months, showing an annual growth rate of 78.46% while that of industry is -13.90. Apart from that, the company came raising its revenue forecast for fiscal year 2024. This year revenue growth is estimated to rise 98.45% from the last financial year’s standing.
2 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 29.8M for the same. And 2 analysts are in estimates of company making revenue of 40.44M in the next quarter. Company posted 26.84M and 30.62M of sales in current and next quarters respectively a year earlier.
Surf Air Mobility Inc (NYSE:SRFM)’s Major holders
Insiders are in possession of 16.47% of company’s total shares while institution are holding 41.21 percent of that, with stock having share float percentage of 49.33%. Investors also watch the number of corporate investors in a company very closely, which is 41.21% institutions for Surf Air Mobility Inc that are currently holding shares of the company.
