SURG stock icon

SurgePays
SURG

$3.13
6.01%
 

About: Surgepays Inc is a fintech company focused on the underbanked community. It provides services to financial technology, telecommunications, and digital media companies. Its operating segment includes Mobile Virtual Network Operators that provide mobile broadband (internet connectivity), voice and SMS text messaging to both subsidized and direct retail prepaid customers through SurgePhone Wireless, LLC and Torch Wireless, LLC; Comprehensive Platform Services provide financial technology and a wireless top-up platform to independently owned convenience stores throughout the country; Lead Generation is a generation and case management solutions company serving law firms in the mass tort industry; and Others. It generates the revenue from Mobile Virtual Network Operator segment.

Employees: 20

0
Funds holding %
of 6,702 funds
Analysts bullish %
News positive %

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

250% more repeat investments, than reductions

Existing positions increased: 14 | Existing positions reduced: 4

72% more call options, than puts

Call options by funds: $1.29M | Put options by funds: $752K

0.69% more ownership

Funds ownership: 9.41% [Q4 2023] → 10.1% (+0.69%) [Q1 2024]

7% less first-time investments, than exits

New positions opened: 14 | Existing positions closed: 15

3% less funds holding

Funds holding: 33 [Q4 2023] → 32 (-1) [Q1 2024]

13% less capital invested

Capital invested by funds: $8.64M [Q4 2023] → $7.5M (-$1.14M) [Q1 2024]

Research analyst outlook

2 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$9.50
204%
upside
Avg. target
$9.75
212%
upside
High target
$10
219%
upside

2 analyst ratings

positive
100%
neutral
0%
negative
0%
Ascendiant Capital
Edward Woo
204%upside
$9.5
Buy
Maintained
6 Jun 2024
Ascendiant Capital
Edward Woo
219%upside
$10
Buy
Maintained
1 Apr 2024

Financial journalist opinion