12-Month Price Target For Surf Air Mobility Inc (NYSE:SRFM) Now Sits At 2.2

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In last trading session, Surf Air Mobility Inc (NYSE:SRFM) saw 0.37 million shares changing hands with its beta currently measuring 3.68. Company’s recent per share price level of $3.31 trading at $0.62 or 23.05% at ring of the bell on the day assigns it a market valuation of $52.81M. That closing price of SRFM’s stock is at a discount of -257.4% from its 52-week high price of $11.83 and is indicating a premium of 72.81% 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 0.65 million shares which gives us an average trading volume of 944.47K 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.

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Surf Air Mobility Inc (NYSE:SRFM) trade information

Upright in the green during last session for gaining 23.05%, in the last five days SRFM remained trading in the red while hitting it’s week-highest on Monday, 12/16/24 when the stock touched $3.31 price level, adding 16.41% to its value on the day. Surf Air Mobility Inc’s shares saw a change of -69.49% in year-to-date performance and have moved -17.25% in past 5-day. Surf Air Mobility Inc (NYSE:SRFM) showed a performance of 61.46% 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 2.2 to the stock, which implies a fall of -50.45% to its current value. Analysts have been projecting 2.2 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 33.53% in reaching the projected high whereas dropping to the targeted low would mean a gain of 33.53% for stock’s current value.

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.