During the last session, Surf Air Mobility Inc (NYSE:SRFM)’s traded shares were 0.69 million, with the beta value of the company hitting 2.13. At the end of the trading day, the stock’s price was $4.59, reflecting an intraday gain of 22.73% or $0.85. The 52-week high for the SRFM share is $9.66, that puts it down -110.46 from that peak though still a striking 80.39% gain since the share price plummeted to a 52-week low of $0.90. The company’s market capitalization is $73.23M, and the average intraday trading volume over the past 10 days was 0.27 million shares, and the average trade volume was 509.13K shares over the past three months.
Surf Air Mobility Inc (SRFM) received a consensus recommendation of Hold from analysts. That translates to a mean rating of 3.00. SRFM has a Sell rating from 0 analyst(s) out of 1 analysts who have looked at this stock. 1 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 0 recommend a Buy rating for it.
Surf Air Mobility Inc (NYSE:SRFM) trade information
Surf Air Mobility Inc (SRFM) registered a 22.73% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 22.73% in intraday trading to $4.59, hitting a weekly high. The stock’s 5-day price performance is 15.62%, and it has moved by 38.67% in 30 days. Based on these gigs, the overall price performance for the year is -48.37%. The short interest in Surf Air Mobility Inc (NYSE:SRFM) is 0.64 million shares and it means that shorts have 0.35 day(s) to cover.
The consensus price target of analysts on Wall Street is $2.2, which implies a decrease of -108.64% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $2.2 and $2.2 respectively. As a result, SRFM is trading at a premium of 52.07% off the target high and 52.07% off the low.
While earnings are projected to return 83.58% in 2025.
SRFM Dividends
Surf Air Mobility Inc is due to release its next quarterly earnings in February. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Surf Air Mobility Inc (NYSE:SRFM)’s Major holders
Surf Air Mobility Inc insiders own 16.47% of total outstanding shares while institutional holders control 41.21%, with the float percentage being 49.33%.
Also, the Mutual Funds coming in first place with the largest holdings of Surf Air Mobility Inc (SRFM) shares are Vanguard Total Stock Market Index Fund and Vanguard Extended Market Index Fund . Data provided on Sep 30, 2024 indicates that Vanguard Total Stock Market Index Fund owns about 413.45 shares. This amounts to just over 2.67 percent of the company’s overall shares, with a $1.9 million market value. The same data shows that the other fund manager holds slightly less at 98.11, or about 0.63% of the stock, which is worth about $0.45 million.