Professional
Added to YB: 2024-03-14
Pitch date: 2024-03-13
SURG [bearish]
SurgePays, Inc.
+64.46%
current return
Author Info
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Company Info
SurgePays, Inc., together with its subsidiaries, operates as a financial technology and telecom company in the United States.
Market Cap
$47.6M
Pitch Price
$4.84
Price Target
N/A
Dividend
N/A
EV/EBITDA
-0.99
P/E
-0.97
EV/Sales
0.66
Sector
Wireless Telecommunication Services
Category
N/A
$SURG: Anticipating Continued Market Challenges
$SURG >20% drop pre-market amid ACP subscription freeze & govt funds drying up—main revenue source. Anticipate poor Q1 & worse Q2; rebound hinges on potential ACP refunding & new prepaid wireless product targeting 260k ACP subs. Immediate results expected to be grim.
Read full article (1 min)