Daily Market Movement: Surf Air Mobility Inc (SRFM) Sees a 1.27 Increase, Closing at 2.39

Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.

The closing price of Surf Air Mobility Inc (NYSE: SRFM) was $2.39 for the day, up 1.27% from the previous closing price of $2.36. In other words, the price has increased by $1.27 from its previous closing price. On the day, 0.57 million shares were traded.

Ratios:

Our analysis of SRFM’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.22 and its Current Ratio is at 0.22.

On May 15, 2024, Canaccord Genuity Downgraded its rating to Hold which previously was Buy and also lowered its target price recommendation from $2.50 to $1.

On September 08, 2023, Piper Sandler started tracking the stock assigning a Overweight rating and target price of $4.Piper Sandler initiated its Overweight rating on September 08, 2023, with a $4 target price.

Insider Transactions:

Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Jun 03 ’25 when Shahani Sudhin sold 75,840 shares for $2.43 per share. The transaction valued at 184,291 led to the insider holds 549,578 shares of the business.

Bland Tyrone D. sold 6,065 shares of SRFM for $14,920 on May 21 ’25. The Director now owns 8,901 shares after completing the transaction at $2.46 per share. On May 22 ’25, another insider, Bland Tyrone D., who serves as the Director of the company, sold 3,984 shares for $2.46 each. As a result, the insider received 9,801 and left with 4,917 shares of the company.

Valuation Measures:

For the stock, the TTM Price-to-Sale (P/S) ratio is 0.41.

Stock Price History:

Over the past 52 weeks, SRFM has reached a high of $6.72, while it has fallen to a 52-week low of $0.90. The 50-Day Moving Average of the stock is -4.83%, while the 200-Day Moving Average is calculated to be -17.34%.

Shares Statistics:

A total of 17.20M shares are outstanding, with a floating share count of 12.55M. Insiders hold about 34.91% of the company’s shares, while institutions hold 18.71% stake in the company.

Leave a Reply

Your email address will not be published. Required fields are marked *

DWinneX
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.