Volato Group Inc (SOAR) latest performance of -9.54% is not what was on cards

Witnessing the stock’s movement on the chart, on Thursday, Volato Group Inc (AMEX: SOAR) had a quiet start as it plunged -9.54% to $0.31, before settling in for the price of $0.34 at the close. Taking a more long-term approach, SOAR posted a 52-week range of $0.17-$35.00.

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In the past 5-years timespan, the Industrials sector firm’s annual sales growth was -12.08%. This publicly-traded company’s shares outstanding now amounts to $28.04 million, simultaneously with a float of $15.47 million. The organization now has a market capitalization sitting at $9.24 million. At the time of writing, stock’s 50-day Moving Average stood at $0.3067, while the 200-day Moving Average is $1.3687.

Volato Group Inc (SOAR) Ownership Facts and Figures

Nothing is more important than checking the behaviour of major investors towards the stock of the Airports & Air Services industry. Volato Group Inc’s current insider ownership accounts for 47.63%, in contrast to 3.28% institutional ownership. According to the most recent insider trade that took place on Jun 07 ’24, this organization’s Chief Operating Officer bought 1,235 shares at the rate of 0.80, making the entire transaction reach 988 in total value, affecting insider ownership by 1,235. Preceding that transaction, on Jun 06 ’24, Company’s Chief Executive Officer bought 6,000 for 0.81, making the whole transaction’s value amount to 4,860. This particular insider is now the holder of 4,797,271 in total.

Volato Group Inc (AMEX: SOAR) Trading Performance Indicators

Let’s observe the current performance indicators for Volato Group Inc (SOAR). It’s Quick Ratio in the last reported quarter now stands at 0.66. The Stock has managed to achieve an average true range (ATR) of 0.08. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.07.

In the same vein, SOAR’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -4.85.

Technical Analysis of Volato Group Inc (SOAR)

Going through the that latest performance of [Volato Group Inc, SOAR]. Its last 5-days volume of 142.41 million indicated improvement to the volume of 3.86 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 34.36% While, its Average True Range was 0.0969.

Raw Stochastic average of Volato Group Inc (SOAR) in the period of the previous 100 days is set at 20.18%, which indicates a major fall in contrast to 23.50% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 373.21% that was higher than 227.31% volatility it exhibited in the past 100-days period.