SurgePays (SURG) News Today

SurgePays, Inc. (NASDAQ:SURG - Get Free Report) saw a significant drop in short interest in June. As of June 30th, there was short interest totalling 559,300 shares, a drop of 29.2% from the June 15th total of 789,800 shares. Based on an average daily trading volume, of 209,700 shares, the short-interest ratio is presently 2.7 days. Approximately 4.2% of the shares of the stock are short sold.

SurgePays, Inc. (NASDAQ:SURG - Get Free Report) was the target of a significant decrease in short interest in May. As of May 31st, there was short interest totalling 816,200 shares, a decrease of 20.0% from the May 15th total of 1,020,000 shares. Based on an average daily trading volume, of 420,300 shares, the days-to-cover ratio is currently 1.9 days. Approximately 6.1% of the shares of the company are sold short.

Ascendiant Capital Markets dropped their price target on shares of SurgePays from $10.00 to $9.50 and set a "buy" rating on the stock in a research report on Thursday.

SurgePays, Inc. (NASDAQ:SURG - Free Report) - Sidoti Csr lowered their Q4 2024 EPS estimates for shares of SurgePays in a report issued on Tuesday, May 14th. Sidoti Csr analyst A. Soderstrom now anticipates that the medical equipment provider will post earnings per share of $0.04 for the quarter,

SurgePays (NASDAQ:SURG) will be releasing earnings after the market closes on Monday, May 13, Zacks reports.

SurgePays, Inc. (NASDAQ:SURG - Free Report) - Analysts at Sidoti Csr issued their Q1 2024 earnings estimates for SurgePays in a research report issued to clients and investors on Tuesday, April 23rd. Sidoti Csr analyst A. Soderstrom expects that the medical equipment provider will earn $0.27 per

SurgePays, Inc. (NASDAQ:SURG - Get Free Report) was the recipient of a large drop in short interest during the month of March. As of March 31st, there was short interest totalling 1,040,000 shares, a drop of 37.7% from the March 15th total of 1,670,000 shares. Currently, 8.0% of the company's shares are short sold. Based on an average daily volume of 855,400 shares, the short-interest ratio is currently 1.2 days.

Ascendiant Capital Markets dropped their price objective on SurgePays from $11.50 to $10.00 and set a "buy" rating on the stock in a report on Monday.

Maxim Group lowered SurgePays from a "buy" rating to a "hold" rating in a report on Wednesday.