Volato Group Inc (AMEX: SOAR) Emerges As Guiding Light For Investors

Volato Group Inc (AMEX:SOAR) currently has a daily average trading volume of 17.13M but it saw 9717345 shares traded in last market. With a market cap of 7.01M USD, the company’s current market price of $0.24 came falling about -0.42 while comparing to the previous closing price of $0.24. In past 52 weeks, the stock remained buoying in the range of price level as high as $4.50 and as low as $0.17. In the recent trading on the day, stock has struck highest price mark of $0.2298 while lowest mark touched by it was $0.2472.

Taking a look at 20-day trading activity of Volato Group Inc (SOAR) gives us an average price of $0.2637, while its current price level is -94.75% below from 52-week high level whereas it is 38.19% 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 $0.2677 while that of 200 days or SMA-200 reads an average of $0.9826. A closer look into the stock’s movement over the week reveals that its volatility is standing at 11.65% during that period while stretching the period over a month that increases to 15.80%. 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 49.72 which implies that the stock is in neutral territory.

Over the week, SOAR’s stock price is moving 13.57% up while it is -12.05% when we observe its performance for the past one month. Year-to-date it is -93.06% down and over the past year, the stock is showing a downside performance of -93.02%.

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 0.94. Stock has a price to sale or P/S ratio amounts to 0.05. Its return on asset (ROA) is -152.13% on average.