It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. After-hours trades for Surf Air Mobility Inc. (SRFM) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.03, or 1.52%, to $2.00. The Surf Air Mobility Inc. has recorded 8,191 volume in the after hours trading session. Earlier, Yahoo Finance discussed this stock as it revealed Surf Air Mobility Files Its Second Quarter Results via Quarterly Report on Form 10-Q and Current Report on Form 8-K.
Surf Air Mobility Inc. is listed on the NYSE in the Industrials sector while operating in the Airlines industry. At the end of the last regular session, the stock closed at $1.97 and fluctuated between $1.9800 as its day high and $1.6000 as its day low. The current market capitalization of Surf Air Mobility Inc. is $133.57M. A total of 1.14 million shares were traded on the day, compared to an average of 1.22M shares.
Insider trades are also considered as indicators of how a stock will perform in the future, in addition to stock predictions. During the recent three months, SRFM has seen 10 BUY and 1 SELL insider trades, representing the acquisition of 2,378,991 and the disposition of 54,914 shares. Over the last 12 months, there were 10 BUYs and 1 SELLs from insiders. Insiders purchased 2,378,991 shares during that period but sold 54,914.
In the most recent transaction, Mady Edward A. sold 54,914 shares of SRFM for 2.05 per share on Jul 31. After the transaction, the Director now owns 95,784 company shares.
Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. According to analysts who have offered 12-month price targets for SRFM in the last 3 months, the mean price target is $3.54 with high estimates of $4.00 and low estimates of $3.00. In terms of 52-week highs and lows, SRFM has a high of $5.00 and a low of $1.10.
As of this writing, SRFM has an earnings estimate of -$0.17 per share for the current quarter. EPS was calculated based on a consensus of 2 estimates, with a high estimate of -$0.16 per share and a lower estimate of -$0.19.
Balance Sheet Annually/Quarterly
As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future prospects by calculating its financial ratios based on this information. SRFM’s latest balance sheet shows that the firm has $719.00k in Cash & Short Term Investments as of fiscal 2021. There were $23.47M in debt and $55.58M in liabilities at the time. Its Book Value Per Share was -$21.48, while its Total Shareholder’s Equity was -$173.03M.
After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for SRFM is Buy with a score of 5.00.