SurgePays (NASDAQ:SURG – Get Free Report) will be releasing its earnings data after the market closes on Tuesday, August 13th. Analysts expect SurgePays to post earnings of ($0.06) per share for the quarter.
SurgePays (NASDAQ:SURG – Get Free Report) last announced its quarterly earnings results on Monday, May 13th. The medical equipment provider reported $0.07 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.27 by ($0.20). SurgePays had a return on equity of 55.35% and a net margin of 12.93%. The business had revenue of $31.43 million for the quarter, compared to analyst estimates of $32.40 million. On average, analysts expect SurgePays to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.
SurgePays Stock Performance
SURG stock traded down $0.02 during trading on Friday, reaching $2.47. 41,904 shares of the company’s stock were exchanged, compared to its average volume of 476,029. The company has a quick ratio of 5.48, a current ratio of 6.26 and a debt-to-equity ratio of 0.06. SurgePays has a 1-year low of $2.36 and a 1-year high of $9.23. The company’s fifty day moving average price is $3.21 and its 200-day moving average price is $4.58. The firm has a market cap of $47.94 million, a PE ratio of 2.15, a P/E/G ratio of 5.76 and a beta of 1.00.
Analyst Upgrades and Downgrades
Read Our Latest Stock Report on SURG
Insider Activity
In other news, CEO Kevin Brian Cox sold 20,915 shares of the company’s stock in a transaction on Tuesday, July 2nd. The stock was sold at an average price of $3.05, for a total transaction of $63,790.75. Following the completion of the sale, the chief executive officer now directly owns 5,688,046 shares of the company’s stock, valued at $17,348,540.30. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. In other news, CEO Kevin Brian Cox sold 20,915 shares of the company’s stock in a transaction on Tuesday, July 2nd. The stock was sold at an average price of $3.05, for a total transaction of $63,790.75. Following the completion of the sale, the chief executive officer now directly owns 5,688,046 shares of the company’s stock, valued at $17,348,540.30. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CFO Anthony George Evers sold 36,667 shares of the company’s stock in a transaction on Wednesday, July 3rd. The shares were sold at an average price of $3.01, for a total value of $110,367.67. Following the sale, the chief financial officer now directly owns 174,006 shares of the company’s stock, valued at $523,758.06. The disclosure for this sale can be found here. Insiders sold a total of 95,265 shares of company stock worth $273,767 over the last 90 days. 29.40% of the stock is currently owned by company insiders.
About SurgePays
SurgePays, Inc, together with its subsidiaries, operates as a financial technology and telecom company in the United States. It operates through three segments: Mobile Virtual Network Operators, Comprehensive Platform Services, and Lead Generation. The company offers subsidized and non-subsidized mobile virtual network operators for internet connectivity through mobile broadband services to consumers; ACH banking relationships and fintech transactions platform to convenience stores; wireless top-up transactions and wireless product aggregation; and lead generation and case management solutions primarily to law firms in the mass tort industry, as well as call center activities.
Featured Articles
- Five stocks we like better than SurgePays
- How Technical Indicators Can Help You Find Oversold StocksĀ
- Is Dell’s Stock Plunge a Once-in-a-Lifetime Buying Opportunity?
- Stock Average Calculator
- Why Analysts Still Predict Double-Digit Upside for Mosaic Stock
- What is a buyback in stocks? A comprehensive guide for investors
- Novo Nordisk’s Shares Go on a Rollercoaster Ride After Earnings
Receive News & Ratings for SurgePays Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SurgePays and related companies with MarketBeat.com's FREE daily email newsletter.