Volato Group Inc (AMEX: SOAR) is -17.84% lower on its value in year-to-date trading and has touched a low of $0.17 and a high of $4.50 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The SOAR stock was last observed hovering at around $0.21 in the last trading session, with the day’s loss setting it -0.01%.
Currently trading at $0.20, the stock is -16.47% and -21.81% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.15 million and changing -3.45% at the moment leaves the stock -72.93% off its SMA200. SOAR registered -94.54% loss for a year compared to 6-month loss of -68.59%. The firm has a 50-day simple moving average (SMA 50) of $0.25788 and a 200-day simple moving average (SMA200) of $0.76004.
The stock witnessed a -24.21% gain in the last 1 month and extending the period to 3 months gives it a -31.81%, and is -16.02% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 10.70% over the week and 11.49% over the month.
Volato Group Inc (SOAR) has around 229 employees, a market worth around $9.24M and $141.95M in sales. Profit margin for the company is -65.62%. Distance from 52-week low is 17.72% and -95.53% from its 52-week high.
The shares outstanding are 29.53M, and float is at 15.01M with Short Float at 2.68%.
Volato Group Inc (SOAR) Insider Activity
The most recent transaction is an insider sale by Cooper Nicholas James, the company’s Chief Commercial Officer. SEC filings show that Cooper Nicholas James sold 459,005 shares of the company’s common stock on Dec 30 ’24 at a price of $0.26 per share for a total of $0.12 million. Following the sale, the insider now owns 3.35 million shares.
Still, SEC filings show that on Jun 07 ’24, Prachar Michael Patrick (Chief Operating Officer) acquired 1,235 shares at an average price of $0.80 for $988.0. The insider now directly holds 1,235 shares of Volato Group Inc (SOAR).
