SurgePays (SURG) Projected to Post Earnings on Tuesday

SurgePays (NASDAQ:SURG) is expected to 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 listening to the company’s earnings conference call can do so using this link.

SurgePays Price Performance

SURG stock opened at $1.34 on Monday. The company has a debt-to-equity ratio of 0.08, a quick ratio of 4.70 and a current ratio of 6.24. SurgePays has a 1 year low of $1.05 and a 1 year high of $4.61. The firm has a market cap of $27.02 million, a P/E ratio of -1.19 and a beta of 1.03. The stock has a 50-day simple moving average of $1.40 and a 200-day simple moving average of $1.62.

Wall Street Analysts Forecast Growth

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