SurgePays (SURG) Scheduled to Post Earnings on Monday

SurgePays (NASDAQ:SURG - Get Free Report) is set to announce its earnings results after the market closes on Monday, May 13th. Analysts expect the company to announce earnings of $0.27 per share for the quarter.

SurgePays (NASDAQ:SURG - Get Free Report) last released its earnings results on Tuesday, March 12th. The medical equipment provider reported $0.19 EPS for the quarter. The business had revenue of $32.32 million for the quarter. SurgePays had a return on equity of 104.66% and a net margin of 15.03%. On average, analysts expect SurgePays to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

SurgePays Price Performance

SURG traded down $0.21 during trading on Tuesday, reaching $3.82. The stock had a trading volume of 156,078 shares, compared to its average volume of 690,750. The stock has a market cap of $73.69 million, a PE ratio of 2.75, a PEG ratio of 0.60 and a beta of 1.11. The company has a debt-to-equity ratio of 0.02, a quick ratio of 1.91 and a current ratio of 2.63. SurgePays has a one year low of $3.28 and a one year high of $9.23. The business has a 50-day moving average of $4.52 and a 200-day moving average of $5.72.

Analyst Ratings Changes

SURG has been the topic of a number of recent research reports. Ascendiant Capital Markets reduced their price objective on SurgePays from $11.50 to $10.00 and set a "buy" rating on the stock in a research note on Monday, April 1st. Maxim Group lowered shares of SurgePays from a "buy" rating to a "hold" rating in a report on Wednesday, March 13th.

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.