Surgepays Inc (NASDAQ:SURG) price on Thursday, July 03, rose 2.53% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $3.24.
A look at the stock’s price movement, the close in the last trading session was $3.16, moving within a range at $3.16 and $3.335. The beta value (5-Year monthly) was 0.963. Turning to its 52-week performance, $3.47 and $1.05 were the 52-week high and 52-week low respectively. Overall, SURG moved 10.20% over the past month.
Surgepays Inc’s market cap currently stands at around $66.13 million, with investors looking forward to this quarter’s earnings report slated for on 2025-May-13.
Turning to the stock’s technical picture we see that short term indicators suggest on average that SURG is a 50% Buy. On the other hand, the stock is on average a 100% Buy as suggested by medium term indicators while long term indicators are putting the stock in 100% Buy category.
2 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 0 analyst(s) rate the stock as a Hold, 2 recommend SURG as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
SURG’s current price about 12.40% and 11.64% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 61.40, while 7-day volatility ratio is 8.85% and 7.63% in the 30-day chart. Further, Surgepays Inc (SURG) has a beta value of 1.10. Analysts have given the company’s stock an average 52-week price target of $10, forecast between a low of $10 and high of $10. Looking at the price targets, the low is -208.64% off current price level while to achieve the yearly target high, price needs to move -208.64%. Nonetheless, investors will most likely welcome a -208.64% jump to $10 which is the analysts’ median price.
If we refocus on Surgepays Inc (NASDAQ:SURG), historical trading data shows that trading volumes averaged 0.12 over the past 10 days and 240.51K over the past 3 months. The company’s latest data on shares outstanding shows there are 20.07 million shares.
The 31.46% of Surgepays Inc’s shares are in the hands of company insiders while institutional holders own 9.15% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 0.3 million on 2025-06-13, giving us a short ratio of 1.54. The data shows that as of 2025-06-13 short interest in Surgepays Inc (SURG) stood at 213.99999999999997 of shares outstanding, with shares short falling to 0.45 million registered in 2025-05-15. Current price change has pushed the stock 4.52% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the SURG stock continues to rise going into the next quarter.
