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The Significance of Moving Averages in Surf Air Mobility Inc Inc. (SRFM) Price Performance

A mixed performance in the stock price over the year has left investors with either an optimistic or pessimistic outlook, depending on their point of view. The metric has seen a significant loss of -66.75% since the start of this calendar year. Looking back over the last six months, we can see a stronger performance of -58.11%. Over the past 30 days, the price of SRFM has leaped by -43.30%. And in the last five days, it has fallen by -40.22%.

52-week price history of SRFM Stock

Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Surf Air Mobility Inc’s current trading price is -89.69% away from its 52-week high, while its distance from the 52-week low is -11.49%. The stock’s price range during this period has varied between$0.58 and $5.00. The Surf Air Mobility Inc’s shares, which operate in the Industrials, saw a trading volume of around 0.86 million for the day, a figure considerably higher than their average daily volume of 0.4 million over last three months.

Market Capitalization vs. Financial Performance: A Comparative Study

Surf Air Mobility Inc (SRFM) has experienced a quarterly decline of -61.54% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 41.62M and boasts a workforce of 833 employees.

Combining Moving Average and Trading Volume Data for Better Market Insight

Based on Barchart.com data, the company’s moving average over the 100-day period was 1.0266, with a change in price of -0.3647. Similarly, Surf Air Mobility Inc recorded 323,047 in trading volume during the last 100 days, posting a change of -41.44%.

SRFM Stock Stochastic Average

Surf Air Mobility Inc’s raw stochastic average for the past 50 days is presently 4.10%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 6.54%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 9.83% and 23.53%, respectively.

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