Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. Surgepays Inc’s current trading price is -81.04% away from its 52-week high, while its distance from the 52-week low is 31.58%. The stock’s price range over this period has fluctuated between $1.33 and $9.23. The company, operating within the financial sector, had a trading volume of approximately 0.18 million for the day, which was noticeably lower than the average daily share volume of 0.54 million over the last 3 months.
Surgepays Inc’s market performance has been unstable in recent times. The company’s stock hit a 1-year high of $9.23 on 02/13/24 and a low of $1.33 for the same time frame on 09/05/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Surgepays Inc (SURG) has experienced a quarterly rise of 0.57% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 35.29M and boasts a workforce of 262 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 1.7375, with a change in price of -0.1500. Similarly, Surgepays Inc recorded 397,392 in trading volume during the last 100 days, posting a change of -7.89%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for SURG stands at 0.14. Similarly, the long-term debt-to-equity ratio is also 0.08.
SURG Stock Stochastic Average
Today’s raw stochastic average for Surgepays Inc over the last 50 days is 26.32%.This indicates a decrease from the raw stochastic average of the past 20 days, which was 26.92%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 35.16% and 38.44%, respectively.
SURG Stock Price Performance Analysis
The stock price performance over the year has been a mixed bag, resulting in a range of outlooks from optimistic to pessimistic depending on the observer. The metric has seen a significant loss of -1.69% since the start of this calendar year. Looking back over the last six months, we can see a stronger performance of -38.38%. Over the past 30 days, the price of SURG has leaped by -4.37%. And in the last five days, it has fallen by -1.69%.
