SurgePaysSURG
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 Q3 regulatory filings by fund managers ($100M+ AUM)
80% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 5
0.19% more ownership
Funds ownership: 9.35% [Q2] → 9.53% (+0.19%) [Q3]
11% less call options, than puts
Call options by funds: $39K | Put options by funds: $44K
16% less funds holding
Funds holding: 32 [Q2] → 27 (-5) [Q3]
41% less capital invested
Capital invested by funds: $5.78M [Q2] → $3.44M (-$2.34M) [Q3]
50% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 10
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
Ascendiant Capital Edward Woo 38% 1-year accuracy 28 / 73 met price target | 380%upside $8.50 | Buy Maintained | 16 Dec 2024 |
Financial journalist opinion
Based on 3 articles about SURG published over the past 30 days
