SurgePays (SURG) Projected to Post Earnings on Tuesday

SurgePays (NASDAQ:SURG) is projected to post 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 participating in the company’s earnings conference call can do so using this link.

SurgePays Stock Performance

SurgePays stock opened at $1.34 on Friday. The stock’s 50 day moving average is $1.40 and its 200 day moving average is $1.61. The company has a market capitalization of $27.02 million, a P/E ratio of -1.19 and a beta of 1.03. SurgePays has a twelve month low of $1.05 and a twelve month high of $4.61. The company has a quick ratio of 4.70, a current ratio of 6.24 and a debt-to-equity ratio of 0.08.

Analysts Set New Price Targets

Separately, Ascendiant Capital Markets reduced their price target on SurgePays from $9.00 to $8.50 and set a “buy” rating for the company 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.