Surgepays Inc (SURG) volume exceeds 1.0 million: A new investment opportunity for investors

On Tuesday, Surgepays Inc (NASDAQ: SURG) was 24.44% up from the session before settling in for the closing price of $2.70. A 52-week range for SURG has been $1.05 – $4.38.

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Communication Services Sector giant saw their annual sales surged by 40.09% over the last five years. When this article was written, the company’s average yearly earnings per share was at 96.44%. With a float of $14.12 million, this company’s outstanding shares have now reached $20.07 million.

In terms of profitability, gross margin is -23.91%, operating margin of -68.63%, and the pretax margin is -70.74%.

Surgepays Inc (SURG) Breakdown of a Key Holders of the stock

Also, it is sometimes useful to examine the sentiment of large-scale investors toward Surgepays Inc stocks. The insider ownership of Surgepays Inc is 30.82%, while institutional ownership is 10.09%. The most recent insider transaction that took place on Dec 03 ’24, was worth 64,084. In this transaction CEO and Chairman of Board of this company sold 35,180 shares at a rate of $1.82, taking the stock ownership to the 5,770,090 shares. Before that another transaction happened on Dec 02 ’24, when Company’s Chief Financial Officer sold 36,666 for $1.86, making the entire transaction worth $68,199. This insider now owns 214,924 shares in total.

Surgepays Inc (SURG) Recent Fiscal highlights

According to the Wall Street analysts, stocks earnings will be around 96.44% per share during the next fiscal year.

Surgepays Inc (NASDAQ: SURG) Trading Performance Indicators

You can see what Surgepays Inc (SURG) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 2.66. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.13.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.31, a number that is poised to hit -0.22 in the next quarter and is forecasted to reach 1.25 in one year’s time.

Technical Analysis of Surgepays Inc (SURG)

Analysing the last 5-days average volume posted by the [Surgepays Inc, SURG], we can find that recorded value of 0.31 million was lower than the volume posted last year of 1.19 million. As of the previous 9 days, the stock’s Stochastic %D was 51.26%. Additionally, its Average True Range was 0.31.

During the past 100 days, Surgepays Inc’s (SURG) raw stochastic average was set at 95.46%, which indicates a significant increase from 88.43% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 143.28% in the past 14 days, which was higher than the 123.62% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $2.16, while its 200-day Moving Average is $1.86. Now, the first resistance to watch is $3.68. This is followed by the second major resistance level at $4.00. The third major resistance level sits at $4.58. If the price goes on to break the first support level at $2.78, it is likely to go to the next support level at $2.20. Now, if the price goes above the second support level, the third support stands at $1.88.

Surgepays Inc (NASDAQ: SURG) Key Stats

There are 20,412K outstanding shares of the company, which has a market capitalization of 68.58 million. As of now, sales total 60,880 K while income totals -45,730 K. Its latest quarter income was 9,600 K while its last quarter net income were -19,810 K.