Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. Surf Air Mobility Inc’s current trading price is -70.84% away from its 52-week high, while its distance from the 52-week low is 283.33%. The stock’s price range during this period has varied between $0.90 and $11.83. The company, active in the Industrials sector, saw a trading volume of around 0.57 million for the day, considerably lower average daily volume of 0.92 million observed over the last three months.
Surf Air Mobility Inc’s stock has seen a rocky market performance. The company’s stock achieved a 1-year high of $11.83 on 12/28/23, and the lowest price during that time was $0.90, recorded on 09/03/24.
How Financial Performance Impacts Market Capitalization
Surf Air Mobility Inc (SRFM) has experienced a quarterly rise of 180.49% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 57.64M and boasts a workforce of 833 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 2.10, with a change in price of +1.32. Similarly, Surf Air Mobility Inc recorded 662,369 in trading volume during the last 100 days, posting a change of +62.12%.
SRFM Stock Stochastic Average
As of today, the raw stochastic average of Surf Air Mobility Inc over the past 50 days is 44.12%. This is a increase compared to the raw stochastic average of the last 20 days, which was recorded at 42.42%. Additionally, the Stochastic %K and %D values for the company were 50.49% and 49.31%, respectively, over the past 20 days.
SRFM Stock Price Performance Analysis
The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. This year’s metric has recorded a Price decrease of -68.20%. However, over the past six months, we’ve seen a weaker performance of 63.20%. The price of SRFM fallen by 100.58% over the last 30 days. And in the last five days, it has fallen by -20.87%.
