Surgepage Inc. [NASDAQ: SURG] The close jumped 0.22 points on Wednesday, as shares ended the session at $6.05, up 3.77%. The Company reported on November 18, 2022 that SurgePays announced the closing of a $25 million senior credit facility.
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Surgepage Inc. The stock is now up 199.50% from its year-to-date (YTD) trading price. SURG stock saw an intraday high of $6.10 and a low of $5.88 per share. The company has a 52-week high price of 7.30, which means the current price is up +243.75% from the high touched on 08/03/22.
As compared to the average trading volume of 116.49K shares, SURG reached a trading volume of 128630 shares in the most recent trading day, which is why market watchdogs consider the stock as active.
Top Market Guru SurgePage Inc. What do you say about [SURG],
Based on careful and fact-backed analyzes by Wall Street experts, the current consensus on the target price for SURG shares is $9.38 per share. Target prices and analysis on the performance of stocks are usually carefully studied by market experts, and the current Wall Street consensus on SURG stock is a recommendation at 2.00. This rating represents a strong buy recommendation on a scale of 1 to 5, where 5 means strong sell, 4 represents sell, 3 indicates hold and 2 indicates buy.
Surgepage Inc. The Average True Range (ATR) for is set at 0.44, The Price to Sales ratio for SURG stock over the trailing 12 months period is 0.92. The Price to Book ratio for the previous quarter was 118.63, the Price to Cash per share for the corresponding quarter was set at 0.67.
How has SURG stock performed recently?
Surgepage Inc. [SURG] Reached the green zone at the end of last week, in a positive trend and with a gain of 18.86. With this latest performance, SURG shares are up 8.42% over the past four-week period, as well as down 26.04% over the past 6 months — not to mention a 172.52% gain in the past year of trading.
Overbought and oversold stocks can be easily detected with the Relative Strength Index (RSI), where an RSI result of over 70 will result in overbought, and any rate below 30 will indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for SURG stock for the past two-week period is set at 59.42, with the RSI for the last one trading hit at 62.69, and the three-week RSI for SurgePays Inc. is set at 57.58. [SURG], The current moving average for the last 50 days of trade of this stock is 5.32, while it was recorded at 5.80 for last one week and 4.59 for last 200 days.
Surgepage Inc. [SURG]: Deep Insight into the Fundamentals
SurgePays Inc. Liquidity data of is equally interestingly compelling with a quick ratio of 0.60 and a current ratio set at 1.00.
Surgepage Inc. Insider trading position for. [SURG]
Institutional investors currently hold approximately $6 million or 8.20% of SURG stock in their hands. The top three institutional holders of Surge stock are: Vanguard Group Inc. with ownership of 408,942, which accounts for approximately 32.741% of the company’s market cap and approximately 27.90% of total institutional ownership; EAM Investors, LLC, holds 239,508 shares of SURG stock shares with an estimated value of $1.45 million; and GEODE CAPITAL MANAGEMENT, LLC, currently owning approximately 18.523% of the company’s market capitalization with $0.61M in SURG stock.
SurgePays Inc. is held by institutional investors. shares position increased at the end of November and at the time of the November reporting period, where 16 institutional holders increased their positions in SurgePage Inc. [NASDAQ:SURG] By approximately 290,774 shares. Additionally, 6 investors reduced positions by approximately 146,601 shares, while 5 investors held positions totaling 579,818 shares. As per the latest SEC report filing, the mentioned changes put the institutional holdings at 1,017,193 shares. There were 8 new institutional investments in SURG stock for a total of 127,253 shares, while 4 institutional investors sold 105,261 shares during the same period.