SurgePays (SURG) Expected to Announce Earnings on Tuesday

SurgePays (NASDAQ:SURG) will likely be posting its quarterly earnings results before the market opens on Tuesday, March 25th. Analysts expect SurgePays to post earnings of ($0.31) per share and revenue of $8.22 million for the quarter. Individual interested in registering for the company’s earnings conference call can do so using this link.

SurgePays Stock Up 2.5 %

SURG stock opened at $1.21 on Tuesday. SurgePays has a fifty-two week low of $1.05 and a fifty-two week high of $4.64. The business’s 50 day moving average price is $1.43 and its two-hundred day moving average price is $1.62. The company has a debt-to-equity ratio of 0.08, a quick ratio of 4.70 and a current ratio of 6.24. The company has a market capitalization of $24.40 million, a price-to-earnings ratio of -1.07 and a beta of 1.03.

Wall Street Analyst Weigh In

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

SurgePays Company Profile

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.