Surf Air Mobility Inc (SRFM) concluded trading on Thursday at a closing price of $5.49, with 2.49 million shares of worth about $13.64 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 89.35% during that period and on December 26, 2024 the price saw a gain of about 56.41%. Currently the company’s common shares owned by public are about 13.49M shares, out of which, 11.01M shares are available for trading.
Stock saw a price change of 89.31% in past 5 days and over the past one month there was a price change of 46.40%. Year-to-date (YTD), SRFM shares are showing a performance of -49.40% which decreased to -35.71% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $0.90 but also hit the highest price of $11.83 during that period. The average intraday trading volume for Surf Air Mobility Inc shares is 955.41K. The stock is currently trading 42.04% above its 20-day simple moving average (SMA20), while that difference is up 97.94% for SMA50 and it goes to 97.24% higher than SMA200.
Surf Air Mobility Inc (NYSE: SRFM) currently have 13.49M outstanding shares and institutions hold larger chunk of about 8.54% of that.
The stock has a current market capitalization of $87.59M and its 3Y-monthly beta is at 3.41. It has posted earnings per share of -$16.80 in the same period. It has Quick Ratio of 0.11. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for SRFM, volatility over the week remained 24.55% while standing at 23.23% over the month.
Stock’s fiscal year EPS is expected to rise by 83.58% while it is estimated to increase by 56.16% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Canaccord Genuity on May 15, 2024 offering a Hold rating for the stock and assigned a target price range of between $2.50 and $1 to it. Coverage by Piper Sandler stated Surf Air Mobility Inc (SRFM) stock as an Overweight in their note to investors on September 08, 2023, suggesting a price target of $4 for the stock.
