On Friday, Surf Air Mobility Inc (NYSE: SRFM) was -3.78% drop from the session before settling in for the closing price of $3.97. A 52-week range for SRFM has been $0.90 – $10.08.
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A company in the Industrials sector has jumped its sales by 109.20% annually for the last half of the decade. When this article was written, the company’s average yearly earnings per share was at 83.58%. With a float of $11.07 million, this company’s outstanding shares have now reached $13.49 million.
In an organization with 833 employees, it is important to assess its efficiency. 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 and Institutional Ownership
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Surf Air Mobility Inc stocks. The insider ownership of Surf Air Mobility Inc is 30.59%, while institutional ownership is 8.63%. 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) Latest Financial update
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
You can see what Surf Air Mobility Inc (SRFM) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.11. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.52.
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)
Let’s dig in a bit further. During the last 5-days, its volume was 0.28 million. That was inferior than the volume of 0.41 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 7.15%. Additionally, its Average True Range was 0.73.
During the past 100 days, Surf Air Mobility Inc’s (SRFM) raw stochastic average was set at 50.17%, which indicates a significant increase from 5.54% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 98.43% in the past 14 days, which was lower than the 199.99% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $3.61, while its 200-day Moving Average is $2.70. However, in the short run, Surf Air Mobility Inc’s stock first resistance to watch stands at $4.11. Second resistance stands at $4.41. The third major resistance level sits at $4.61. If the price goes on to break the first support level at $3.61, it is likely to go to the next support level at $3.41. The third support level lies at $3.11 if the price breaches the second support level.
Surf Air Mobility Inc (NYSE: SRFM) Key Stats
There are 15,508K outstanding shares of the company, which has a market capitalization of 60.95 million. As of now, sales total 60,510 K while income totals -250,700 K. Its latest quarter income was 28,390 K while its last quarter net income were -12,230 K.
