SurgePays, Inc., a financial technology and telecommunications company, provides services to the underbanked community in the United States. Its blockchain platform utilizes a suite of financial and prepaid products to convert corner stores and bodegas into tech-hubs for underbanked neighborhoods. The company offers voice and SMS text messaging services to subsidized and direct retail prepaid customers, as well as to low-income consumers. It also offers subsidized mobile broadband services to consumers in California, Colorado, Florida, Illinois, Maryland, Mississippi, Missouri, Nevada, New Jersey, Ohio, Oklahoma, Rhode Island, Tennessee, and Texas, as well as prepaid wireless plans. In addition, the company provides marketing business intelligence, plaintiff generation, and case load management solutions primarily to law firms in the mass tort industry. Further, it operates a bilingual operations center offering the Company with sales support, customer service, IT infrastructure design, graphic media, database programming, software development, revenue assurance, lead generation, and other various operational support services. The company is headquartered in Bartlett, Tennessee.
SurgePays Stock Performance
Shares of SURG Stock opened at $6.37 on Friday. The company has a market capitalization of $78.01 million and a price-to-earnings ratio of -4.28. The company has a debt-to-equity ratio of 2.59, a quick ratio of 1.05 and a current ratio of 1.39. The company has a 50-day simple moving average of $5.27 and a 200 day simple moving average of $4.17. SurgePays has a 52 week low of $1.76 and a 52 week high of $7.30.
SurgePays (NASDAQ:SURG - Get Rating) last announced its earnings results on Monday, May 16th. The medical equipment provider reported ($0.10) EPS for the quarter. The company had revenue of $21.14 million for the quarter.