SurgePays (SURG) Projected to Post Earnings on Tuesday

SurgePays (NASDAQ:SURG) will likely be releasing its earnings data 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. Investors interested in listening to the company’s conference call can do so using this link.

SurgePays Stock Performance

SurgePays stock opened at $1.34 on Monday. The stock’s 50-day moving average is $1.40 and its 200-day moving average is $1.62. The company has a market cap of $27.02 million, a price-to-earnings ratio of -1.19 and a beta of 1.03. The company has a debt-to-equity ratio of 0.08, a current ratio of 6.24 and a quick ratio of 4.70. SurgePays has a 12 month low of $1.05 and a 12 month high of $4.61.

Analyst Upgrades and Downgrades

Separately, Ascendiant Capital Markets cut their price objective on SurgePays from $9.00 to $8.50 and set a “buy” rating on the stock in a 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.