Currently, there are 17.20M common shares owned by the public and among those 12.76M shares have been available to trade.
The company’s stock has a 5-day price change of 83.67% and -5.51% over the past three months. SRFM shares are trading 22.45% year to date (YTD), with the 12-month market performance down to -33.21% lower. It has a 12-month low price of $0.90 and touched a high of $6.72 over the same period. SRFM has an average intraday trading volume of 371.42K shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 52.87%, 47.02%, and 22.30% respectively.
Institutional ownership of Surf Air Mobility Inc (NYSE: SRFM) shares accounts for 18.71% of the company’s 17.20M shares outstanding.
It has a market capitalization of $69.42M and a beta (3y monthly) value of 2.34. The earnings-per-share (ttm) stands at -$4.27. Price movements for the stock have been influenced by the stock’s volatility, which stands at 32.83% over the week and 16.10% over the month.
Analysts forecast that Surf Air Mobility Inc (SRFM) will achieve an EPS of 0 for the current quarter, 0 for the next quarter and -0.83 for current fiscal year. The lowest estimate earnings-per-share for the quarter is 0 while analysts give the company a high EPS estimate of 0. Earnings per share for the fiscal year are expected to increase by 38.16%, and 44.42% over the next financial year. EPS should grow at an annualized rate of 42.20% over the next five years, compared to -25.38% over the past 5-year period.
Looking at the support for the SRFM, a number of firms have released research notes about the stock. Canaccord Genuity stated their Buy rating for the stock in a research note on April 02, 2025, with the firm’s price target at $3.25. Canaccord Genuity coverage for the Surf Air Mobility Inc (SRFM) stock in a research note released on May 15, 2024 offered a Hold rating with a price target of $1. Piper Sandler was of a view on September 08, 2023 that the stock is Overweight, while Canaccord Genuity gave the stock Buy rating on August 28, 2023, issuing a price target of $3. Bernstein on their part issued Outperform rating on August 22, 2023.
