Volato Group Inc (SOAR) Stock: Evaluating the Market Performance

Moreover, the 36-month beta value for SOAR is 0.82.

The public float for SOAR is 14.23M and currently, short sellers hold a 1.74% of that float. On July 11, 2024, SOAR’s average trading volume was 148.14K shares.

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SOAR) stock’s latest price update

Volato Group Inc (AMEX: SOAR)’s stock price has dropped by -7.58 in relation to previous closing price of 0.54. Nevertheless, the company has seen a loss of -11.19% in its stock price over the last five trading days. businesswire.com reported 2024-06-26 that ATLANTA–(BUSINESS WIRE)–Volato Group, Inc. (NYSE American: SOAR) (“Volato” or the “Company”), a leading private aviation company and the largest HondaJet operator in the United States, is pleased to provide an update on the availability of new aircraft for delivery in 2024. The Company has received ready notices for two HondaJets that will be available for delivery in June and two additional HondaJets in July. Additionally, Gulfstream has notified the Company that its first G280 will be ready.

SOAR’s Market Performance

Volato Group Inc (SOAR) has seen a -11.19% fall in stock performance for the week, with a -33.33% decline in the past month and a -82.14% plunge in the past quarter. The volatility ratio for the week is 8.22%, and the volatility levels for the past 30 days are at 12.58% for SOAR. The simple moving average for the past 20 days is -14.71% for SOAR’s stock, with a -89.96% simple moving average for the past 200 days.

SOAR Trading at -55.37% from the 50-Day Moving Average

After a stumble in the market that brought SOAR to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -98.57% of loss for the given period.

Volatility was left at 12.58%, however, over the last 30 days, the volatility rate increased by 8.22%, as shares sank -29.81% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -72.38% lower at present.

During the last 5 trading sessions, SOAR fell by -11.19%, which changed the moving average for the period of 200-days by -95.33% in comparison to the 20-day moving average, which settled at $0.5756. In addition, Volato Group Inc saw -86.75% in overturn over a single year, with a tendency to cut further losses.

Insider Trading

Reports are indicating that there were more than several insider trading activities at SOAR starting from Prachar Michael Patrick, who purchase 1,235 shares at the price of $0.80 back on Jun 07 ’24. After this action, Prachar Michael Patrick now owns 1,235 shares of Volato Group Inc, valued at $988 using the latest closing price.

Heinen Mark, the Chief Financial Officer of Volato Group Inc, purchase 8,500 shares at $0.80 during a trade that took place back on Jun 06 ’24, which means that Heinen Mark is holding 8,500 shares at $6,800 based on the most recent closing price.

Stock Fundamentals for SOAR

Current profitability levels for the company are sitting at:

  • -0.62 for the present operating margin
  • -0.17 for the gross margin

The net margin for Volato Group Inc stands at -0.84. The total capital return value is set at -3.64. Equity return is now at value -49.71, with -40.27 for asset returns.

Based on Volato Group Inc (SOAR), the company’s capital structure generated 0.95 points at debt to capital in total, while cash flow to debt ratio is standing at -1.06. The debt to equity ratio resting at 20.88. The interest coverage ratio of the stock is -5.29.

Currently, EBITDA for the company is -36.83 million with net debt to EBITDA at -0.46. When we switch over and look at the enterprise to sales, we see a ratio of 0.43. The receivables turnover for the company is 40.7for trailing twelve months and the total asset turnover is 1.46. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.77.


To wrap up, the performance of Volato Group Inc (SOAR) has been bad in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.

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