BEEP Stock Summary and Trading Ideas (Mobile Infrastructure | AMEX:BEEP)

Mobile Infrastructure Corp focuses on acquiring, owning, and leasing parking facilities and related infrastructure, including parking lots, parking garages and other parking structures throughout the United States. The company owns forty three parking facilities in twenty one separate markets throughout the United States, with a total of approximately fifteen thousand seven hundred parking spaces. The company derives majority of revenue from Percentage rental income.

Mobile Infrastructure trades on the AMEX stock market under the symbol BEEP.

As of January 14, 2025, BEEP stock price was flat at $3.55 with 40,899 million shares trading.

BEEP has a beta of 1.56, meaning it tends to be more sensitive to market movements. BEEP has a correlation of 0.09 to the broad based SPY ETF.

BEEP has a market cap of $150.84 million. This is considered a Micro Cap stock.

The top ETF exchange traded funds that BEEP belongs to (by Net Assets): VXF, VTI, IWC.

BEEP has underperformed the market in the last year with a price return of -7.7% while the SPY ETF gained +23.6%. However, in the short term, BEEP had mixed performance relative to the market. It has outperformed in the last 3 months, returning +12.0% vs +0.8% return in SPY. But in the last 2 weeks, BEEP shares have been beat by the market, returning -23.7% compared to an SPY return of -1.0%.

BEEP support price is $3.28 and resistance is $3.82 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that BEEP shares will trade within this expected range on the day.