SurgePays (SURG) Projected to Post Earnings on Tuesday

SurgePays (NASDAQ:SURG) is projected to release its earnings data before the market opens on Tuesday, March 11th. Analysts expect SurgePays to post earnings of ($0.31) per share and revenue of $8.22 million for the quarter.

SurgePays Price Performance

Shares of NASDAQ SURG opened at $1.15 on Tuesday. SurgePays has a 1-year low of $1.15 and a 1-year high of $7.66. The company has a debt-to-equity ratio of 0.08, a current ratio of 6.24 and a quick ratio of 4.70. The business’s fifty day moving average price is $1.55 and its two-hundred day moving average price is $1.67. The firm has a market capitalization of $23.19 million, a PE ratio of -1.02 and a beta of 1.00.

Analysts Set New Price Targets

Separately, Ascendiant Capital Markets dropped their target price on SurgePays from $9.00 to $8.50 and set a “buy” rating on the stock in a research report on Monday, December 16th.

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.