Surf Air Mobility Inc (NYSE: SRFM)’s stock price has gone decline by -10.32 in comparison to its previous close of 6.01, however, the company has experienced a 58.06% increase in its stock price over the last five trading days. businesswire.com reported 2024-12-27 that LOS ANGELES–(BUSINESS WIRE)–Surf Air Mobility Inc. (NYSE: SRFM) (“the Company”,“Surf Air”), a leading regional air mobility platform, announced that Chairman of the Board, Carl Albert, and Co-Founder and Member of the Board, Sudhin Shahani, purchased 14,500 shares and 17,237 shares, respectively, of the Company’s common stock, for an aggregate purchase price of approximately $110,000, in open market transactions. Mr. Albert said: “The Board of Directors and our senior leadership have built, a.
Is It Worth Investing in Surf Air Mobility Inc (NYSE: SRFM) Right Now?
The 36-month beta value for SRFM is also noteworthy at 2.36. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 1 rating it as “overweight,” 1 rating it as “hold,” and 0 rating it as “sell.”
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The public float for SRFM is 10.96M, and at present, short sellers hold a 7.10% of that float. The average trading volume of SRFM on January 01, 2025 was 1.08M shares.
SRFM’s Market Performance
SRFM stock saw an increase of 58.06% in the past week, with a monthly gain of 34.41% and a quarterly increase of 331.20%. The volatility ratio for the week is 27.43%, and the volatility levels for the last 30 days are 23.84% for Surf Air Mobility Inc (SRFM). The simple moving average for the past 20 days is 30.79% for SRFM’s stock, with a 94.42% simple moving average for the past 200 days.
Analysts’ Opinion of SRFM
Many brokerage firms have already submitted their reports for SRFM stocks, with Canaccord Genuity repeating the rating for SRFM by listing it as a “Hold.” The predicted price for SRFM in the upcoming period, according to Canaccord Genuity is $1 based on the research report published on May 15, 2024 of the previous year 2024.
Piper Sandler, on the other hand, stated in their research note that they expect to see SRFM reach a price target of $4. The rating they have provided for SRFM stocks is “Overweight” according to the report published on September 08th, 2023.
Canaccord Genuity gave a rating of “Buy” to SRFM, setting the target price at $3 in the report published on August 28th of the previous year.
SRFM Trading at 79.65% from the 50-Day Moving Average
After a stumble in the market that brought SRFM to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -50.32% of loss for the given period.
Volatility was left at 23.84%, however, over the last 30 days, the volatility rate increased by 27.43%, as shares surge +30.19% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +173.60% upper at present.
During the last 5 trading sessions, SRFM rose by +58.06%, which changed the moving average for the period of 200-days by -14.95% in comparison to the 20-day moving average, which settled at $4.12. In addition, Surf Air Mobility Inc saw -50.32% 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 SRFM starting from ALBERT CARL A, who purchase 14,500 shares at the price of $3.47 back on Dec 23 ’24. After this action, ALBERT CARL A now owns 61,928 shares of Surf Air Mobility Inc, valued at $50,315 using the latest closing price.
Shahani Sudhin, the Director of Surf Air Mobility Inc, purchase 17,237 shares at $3.43 during a trade that took place back on Dec 23 ’24, which means that Shahani Sudhin is holding 360,877 shares at $59,123 based on the most recent closing price.
Stock Fundamentals for SRFM
Current profitability levels for the company are sitting at:
- -0.99 for the present operating margin
- 0.01 for the gross margin
The net margin for Surf Air Mobility Inc stands at -1.58. The total capital return value is set at 3.32.
Based on Surf Air Mobility Inc (SRFM), the company’s capital structure generated -0.37 points at debt to capital in total, while cash flow to debt ratio is standing at -1.38. The debt to equity ratio resting at -0.27. The interest coverage ratio of the stock is -16.68.
Currently, EBITDA for the company is -247.27 million with net debt to EBITDA at -0.26. When we switch over and look at the enterprise to sales, we see a ratio of 1.1. The receivables turnover for the company is 27.11for trailing twelve months and the total asset turnover is 1.21. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.11.
Conclusion
In summary, Surf Air Mobility Inc (SRFM) has had a mixed performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. 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.
