Volato Group Inc (SOAR): Uncovering A True Diamond In The Rough

Volato Group Inc (AMEX:SOAR) currently has a daily average trading volume of 16.34M but it saw 14823490 shares traded in last market. With a market cap of 9.22M USD, the company’s current market price of $0.31 came falling about -15.41 while comparing to the previous closing price of $0.37. In past 52 weeks, the stock remained buoying in the range of price level as high as $17.00 and as low as $0.17. In the recent trading on the day, stock has struck highest price mark of $0.28 while lowest mark touched by it was $0.3348.

Taking a look at 20-day trading activity of Volato Group Inc (SOAR) gives us an average price of $0.2730, while its current price level is -98.18% below from 52-week high level whereas it is 81.05% 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 $0.2900 while that of 200 days or SMA-200 reads an average of $1.2541. A closer look into the stock’s movement over the week reveals that its volatility is standing at 20.93% during that period while stretching the period over a month that increases to 24.29%. 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 52.30 which implies that the stock is in neutral territory.

Over the week, SOAR’s stock price is moving 5.49% up while it is 37.60% when we observe its performance for the past one month. Year-to-date it is -91.80% down and over the past year, the stock is showing a downside performance of -96.48%.

The company is expected to be releasing its next quarterly report in January, for which analysts forecasted an EPS of 0 while estimate for next year EPS is 0.

Currently, Volato Group Inc’s total number of outstanding shares is 29.53M. Company’s return on equity (ROE) at -398.23%. Stock’s beta reads 0.90. Stock has a price to sale or P/S ratio amounts to 0.06. Its return on asset (ROA) is -152.13% on average.