SurgePays Announces Closing of 15 Million Public Offering
SURG Stock | USD 1.98 0.06 3.13% |
Roughly 58% of Surgepays' investor base is looking to short. The analysis of overall sentiment of trading Surgepays stock suggests that many investors are alarmed at this time. The current market sentiment, together with Surgepays' historical and current headlines, can help investors time the market. In addition, many technical investors use Surgepays stock news signals to limit their universe of possible portfolio assets.
Surgepays |
BARTLETT, Tenn., Jan. 22, 2024 -- SurgePays, Inc. , a technology and telecom company focused on the...
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Surgepays Investor Sentiment by Other News Outlets
Investor sentiment, mood or attitude towards Surgepays can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Surgepays Fundamental Analysis
We analyze Surgepays' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Surgepays using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Surgepays based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Price To Book
Price To Book Comparative Analysis
Surgepays is currently under evaluation in price to book category among its peers. Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Surgepays Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Surgepays stock to make a market-neutral strategy. Peer analysis of Surgepays could also be used in its relative valuation, which is a method of valuing Surgepays by comparing valuation metrics with similar companies.
Peers
Surgepays Related Equities
AUUD | Auddia | 5.45 | ||||
DSP | Viant Technology | 3.51 | ||||
FRGT | Freight Technologies | 2.94 | ||||
ENV | Envestnet | 0.00 | ||||
EXFY | Expensify | 0.31 | ||||
CWAN | Clearwater Analytics | 0.42 | ||||
VS | Versus Systems | 3.77 | ||||
IDAI | Trust Stamp | 17.86 |
Complementary Tools for Surgepays Stock analysis
When running Surgepays' price analysis, check to measure Surgepays' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Surgepays is operating at the current time. Most of Surgepays' value examination focuses on studying past and present price action to predict the probability of Surgepays' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Surgepays' price. Additionally, you may evaluate how the addition of Surgepays to your portfolios can decrease your overall portfolio volatility.
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