Surgepays Inc (SURG) Shares Rise by 1.09% to Close at $4.62

As of close of business last night, Surgepays Inc’s stock clocked out at $4.62, up 1.09% from its previous closing price of $4.57. In other words, the price has increased by $+0.0500 from its previous closing price. On the day, 578060 shares were traded. SURG stock price reached its highest trading level at $4.7400 during the session, while it also had its lowest trading level at $4.5000.

Ratios:

To gain a deeper understanding of SURG’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 6.10 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 8.91. For the most recent quarter (mrq), Quick Ratio is recorded 1.91 and its Current Ratio is at 2.63. In the meantime, Its Debt-to-Equity ratio is 0.19 whereas as Long-Term Debt/Eq ratio is at 0.03.

Insider Transactions:

Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Aug 15 ’23 when Cox Kevin Brian bought 5,200 shares for $4.72 per share. The transaction valued at 24,544 led to the insider holds 4,507,894 shares of the business.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SURG now has a Market Capitalization of 89.18M and an Enterprise Value of 80.01M. As of this moment, Surgepays’s Price-to-Earnings (P/E) ratio for their current fiscal year is 3.29. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.65 while its Price-to-Book (P/B) ratio in mrq is 2.36. Its current Enterprise Value per Revenue stands at 0.58 whereas that against EBITDA is 3.98.

Stock Price History:

Over the past 52 weeks, SURG has reached a high of $9.23, while it has fallen to a 52-week low of $3.88. The 50-Day Moving Average of the stock is 7.1283, while the 200-Day Moving Average is calculated to be 5.9944.

Shares Statistics:

It appears that SURG traded 806.19K shares on average per day over the past three months and 1.27M shares per day over the past ten days. A total of 14.40M shares are outstanding, with a floating share count of 12.95M. Insiders hold about 32.88% of the company’s shares, while institutions hold 7.05% stake in the company. Shares short for SURG as of Feb 29, 2024 were 1.86M with a Short Ratio of 2.31, compared to 1.92M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 10.98% and a Short% of Float of 16.48%.

Earnings Estimates

As of right now, 2 analysts gave their recommendation on the stock of the company. On average, analysts expect EPS of $0.32 for the current quarter, with a high estimate of $0.36 and a low estimate of $0.29, while EPS last year was $0.31. The consensus estimate for the next quarter is $0.31, with high estimates of $0.38 and low estimates of $0.24.

Analysts are recommending an EPS of between $1.53 and $1 for the fiscal current year, implying an average EPS of $1.32. EPS for the following year is $0, with 0 analysts recommending between $0 and $0.

Revenue Estimates

In the current quarter, 2 analysts expect revenue to total $33.66M. It ranges from a high estimate of $35M to a low estimate of $32.32M. As of the current estimate, Surgepays Inc’s year-ago sales were $36.5M, an estimated decrease of -7.80% from the year-ago figure. For the next quarter, 2 analysts are estimating revenue of $34.66M, a decrease of -11.20% less than the figure of -$7.80% in the same quarter last year. There is a high estimate of $37M for the next quarter, whereas the lowest estimate is $32.32M.

A total of 3 analysts have provided revenue estimates for SURG’s current fiscal year. The highest revenue estimate was $148M, while the lowest revenue estimate was $129.28M, resulting in an average revenue estimate of $139.7M. In the same quarter a year ago, actual revenue was $137.14M, up 1.90% from the average estimate.

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