On Friday, Surf Air Mobility Inc (NYSE: SRFM) opened higher 22.73% from the last session, before settling in for the closing price of $3.74. Price fluctuations for SRFM have ranged from $0.90 to $9.66 over the past 52 weeks.
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Annual sales at Industrials sector company grew by 109.20% over the past five years. Company’s average yearly earnings per share was noted 83.58% at the time writing. With a float of $11.07 million, this company’s outstanding shares have now reached $13.49 million.
Let’s look at the performance matrix of the company that is accounted for 833 employees. 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
A key investor’s attitude towards the stock of the Airlines industry is another important factor to consider. 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
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
Check out the current performance indicators for Surf Air Mobility Inc (SRFM). In the past 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 0.62.
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)
Surf Air Mobility Inc (NYSE: SRFM) saw its 5-day average volume 0.35 million, a negative change from its year-to-date volume of 0.39 million. As of the previous 9 days, the stock’s Stochastic %D was 40.33%. Additionally, its Average True Range was 0.68.
During the past 100 days, Surf Air Mobility Inc’s (SRFM) raw stochastic average was set at 63.40%, which indicates a significant increase from 37.13% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 118.00% in the past 14 days, which was lower than the 201.22% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $3.78, while its 200-day Moving Average is $2.65. Nevertheless, the first resistance level for the watch stands at $4.99 in the near term. At $5.38, the stock is likely to face the second major resistance level. The third major resistance level sits at $5.98. If the price goes on to break the first support level at $4.00, it is likely to go to the next support level at $3.40. The third support level lies at $3.01 if the price breaches the second support level.
Surf Air Mobility Inc (NYSE: SRFM) Key Stats
There are currently 15,508K shares outstanding in the company with a market cap of 73.23 million. Presently, the company’s annual sales total 60,510 K according to its annual income of -250,700 K. Last quarter, the company’s sales amounted to 28,390 K and its income totaled -12,230 K.
