Surf Air Mobility Inc (NYSE: SRFM) on Monday, soared 7.13% from the previous trading day, before settling in for the closing price of $5.61. Within the past 52 weeks, SRFM’s price has moved between $0.90 and $11.83.
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Industrials Sector giant saw their annual sales surged by 109.20% over the last five years. The company achieved an average annual earnings per share of 83.58%. With a float of $10.96 million, this company’s outstanding shares have now reached $13.49 million.
The firm has a total of 833 workers. Let’s measure their productivity. In terms of profitability, gross margin is 0.81%, operating margin of -98.86%, and the pretax margin is -158.19%.
Surf Air Mobility Inc (SRFM) Insider Activity
Observing investor behavior towards Airlines industry stocks is more important than anything else. The insider ownership of Surf Air Mobility Inc is 31.02%, while institutional ownership is 8.54%. The most recent insider transaction that took place on Dec 23 ’24, was worth 50,315. In this transaction Director of this company bought 14,500 shares at a rate of $3.47, taking the stock ownership to the 61,928 shares. Before that another transaction happened on Dec 23 ’24, when Company’s Director bought 17,237 for $3.43, making the entire transaction worth $59,123. This insider now owns 360,877 shares in total.
Surf Air Mobility Inc (SRFM) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 83.58% per share during the next fiscal year.
Surf Air Mobility Inc (NYSE: SRFM) Trading Performance Indicators
Surf Air Mobility Inc (SRFM) is currently performing well based on its current performance indicators. A quick ratio of 0.11 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.83.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -16.80 and is forecasted to reach -3.20 in one year’s time.
Technical Analysis of Surf Air Mobility Inc (SRFM)
Analysing the last 5-days average volume posted by the [Surf Air Mobility Inc, SRFM], we can find that recorded value of 1.49 million was better than the volume posted last year of 0.35 million. As of the previous 9 days, the stock’s Stochastic %D was 83.79%. Additionally, its Average True Range was 0.83.
During the past 100 days, Surf Air Mobility Inc’s (SRFM) raw stochastic average was set at 87.80%, which indicates a significant increase from 82.60% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 254.94% in the past 14 days, which was higher than the 204.99% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.93, while its 200-day Moving Average is $2.78. Now, the first resistance to watch is $6.65. This is followed by the second major resistance level at $7.28. The third major resistance level sits at $7.85. If the price goes on to break the first support level at $5.45, it is likely to go to the next support level at $4.88. Should the price break the second support level, the third support level stands at $4.25.
Surf Air Mobility Inc (NYSE: SRFM) Key Stats
Market capitalization of the company is 97.99 million based on 15,508K outstanding shares. Right now, sales total 60,510 K and income totals -250,700 K. The company made 28,390 K in profit during its latest quarter, and -12,230 K in sales during its previous quarter.
