There Is A Quest For Clarity Surrounding Surgepays Inc (NASDAQ: SURG) Volatility

After Hours

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours.

Stocks Info

This NASDAQ-listed company operates within the Telecom Services industry segment, falling under the Communication Services sector. The current market capitalization of Surgepays Inc is $29.43M. A total of 72150.0 shares were traded on the day, compared to an average of 539.09K shares.

In the most recent transaction, Cox Kevin Brian sold 35,180 shares of SURG for 1.82 per share on Dec 03 ’24. After the transaction, the CEO and Chairman of Board now owns 5,770,090 company shares. In a previous transaction on Dec 02 ’24, Evers Anthony George sold 36,666 shares at 1.86 per share. SURG shares that Chief Financial Officer owns now total 214,924.

Among the insiders who bought shares, KEVIN B COX acquired of 35,180 shares on Dec 03 ’24 at a per-share price of $1.86. In another insider transaction, Ansani David C bought 8,335 shares at $1.86 per share on Dec 02 ’24.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. In terms of 52-week highs and lows, SURG has a high of $9.19 and a low of $1.33.

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. SURG’s latest balance sheet shows that the firm has $6.28M in Cash & Short Term Investments as of fiscal 2021. There were $7.68M in debt and $10.00M in liabilities at the time. Its Book Value Per Share was $1.69, while its Total Shareholder’s Equity was $3.55M.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for SURG is Buy with a score of 3.50.

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