Maxim Group analyst Michael Diana reiterated a Buy rating on SurgePays (SURG – Research Report) yesterday and set a price target of $15.00. The company’s shares opened today at $5.00.
According to TipRanks, Diana is a 5-star analyst with an average return of 12.5% and a 50.80% success rate. Diana covers the Financial sector, focusing on stocks such as Ellington Financial, First Savings Financial Group, and Horizon Technology.
SurgePays has an analyst consensus of Moderate Buy, with a price target consensus of $12.75.
See Insiders’ Hot Stocks on TipRanks >>
SURG market cap is currently $69.41M and has a P/E ratio of 6.10.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Surgepays Inc is a fintech company. It provides services to financial technology, telecommunications, and digital media companies. The company offers prepaid wireless and underbanked financial products and services, along with popular consumer goods, to retail merchants such as operators of convenience stores, bodegas, and gas stations. Its operating segment includes Surge Blockchain and Other; Surge Logics; TW and ECS (Electronic Check Services).
Read More on SURG:
- SurgePays reports Q2 EPS 40c vs. (8c) last year
- SurgePays Announces Record Second Quarter 2023 Financial Results
- Surgepays options imply 8.7% move in share price post-earnings
- SurgePays Announces Second Quarter 2023 Earnings Release and Conference Call
- SurgePays & ParichuteConnect to Partner with Boys & Girls Clubs of America Native Services
