SurgePaysSURG
Market Cap: 58.2M
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
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
2 analyst ratings
Ascendiant Capital Edward Woo | 217%upside $9.5 | Buy Maintained | 6 Jun 2024 |
Ascendiant Capital Edward Woo | 233%upside $10 | Buy Maintained | 1 Apr 2024 |