Ideas And Forecasts On Volato Group Inc (AMEX: SOAR)

Volato Group Inc (AMEX:SOAR) currently has a daily average trading volume of 1.57M but it saw 14660629 shares traded in last market. With a market cap of 14.77M USD, the company’s current market price of $0.50 came rising about 19.62 while comparing to the previous closing price of $0.42. In past 52 weeks, the stock remained buoying in the range of price level as high as $35.00 and as low as $0.34. In the recent trading on the day, stock has struck highest price mark of $0.45 while lowest mark touched by it was $0.5834.

Taking a look at 20-day trading activity of Volato Group Inc (SOAR) gives us an average price of $0.4353, while its current price level is -98.57% below from 52-week high level whereas it is 48.63% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $0.4911 while that of 200 days or SMA-200 reads an average of $2.8715. A closer look into the stock’s movement over the week reveals that its volatility is standing at 9.85% during that period while stretching the period over a month that increases to 10.95%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 55.15 which implies that the stock is in neutral territory.

Over the week, SOAR’s stock price is moving 20.98% up while it is -1.96% when we observe its performance for the past one month. Year-to-date it is -86.75% down and over the past year, the stock is showing a downside performance of -95.28%.

Currently, Volato Group Inc’s total number of outstanding shares is 28.04M. Company’s return on equity (ROE) at -351.10%. Stock’s beta reads 0.80. Stock has a price to sale or P/S ratio amounts to 0.15. Its return on asset (ROA) is -132.53% on average.