Volato Group Inc (AMEX:SOAR) shares traded 65.01% higher at $0.37 on Wall Street last session.
SOAR stock price is now 26.13% away from the 50-day moving average and -71.22% away from the 200-day moving average. The market capitalization of the company currently stands at $10.91M.
In other news, Prachar Michael Patrick, Chief Operating Officer bought 1,235 shares of the company’s stock on Jun 07 ’24. The stock was bought for $988 at an average price of $0.80. Upon completion of the transaction, the Chief Operating Officer now directly owns 1,235 shares in the company, valued at $456.95. An SEC document containing details of the transaction can be found on the SEC’s website. On Jun 06 ’24, Chief Executive Officer Liotta Matthew bought 6,000 shares of the business’s stock. A total of $4,860 was incurred on buying the stock at an average price of $0.81. This leaves the insider owning 4,797,271 shares of the company worth $1.77 million.
During the past 12 months, Volato Group Inc has had a low of $0.17 and a high of $17.00. The fifty day moving average price for SOAR is $0.2897 and a two-hundred day moving average price translates $1.28742 for the stock.
The latest earnings results from Volato Group Inc (AMEX: SOAR) was released for 2024-06-30. The net profit margin was -65.62% and return on equity was -398.23% for SOAR. The company reported revenue of $40.27 million for the quarter, compared to $3.65 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 1002.05 percent.
