In yesterday’s Wall Street session, Society Pass Incorporated (NASDAQ:SOPA) shares traded at $1.00, up 0.15% from the previous session.
1 analysts cover Society Pass Incorporated (NASDAQ:SOPA), according to research data. The consensus rating among analysts is ‘Buy’. As we calculate the median target price by taking the range between a high of $5.00 and a low of $5.00, we find $5.00. Given the previous closing price of $1.00, this indicates a potential upside of 400.0 percent. SOPA stock price is now -22.15% away from the 50-day moving average and -43.54% away from the 200-day moving average. The market capitalization of the company currently stands at $26.54M.
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The stock has received a hold rating from 0 analysts and a buy rating from 1. Brokers who have rated the stock have averaged $5.00 as their price target over the next twelve months.
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A total of 36.17% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in SOPA stock. A new stake in Society Pass Incorporated shares was purchased by PARAMETRIC PORTFOLIO ASSOCIATES LLC during the first quarter worth $149,000. NORTHERN TRUST CORP invested $17,000 in shares of SOPA during the first quarter. In the first quarter, BNP PARIBAS ARBITRAGE, SNC acquired a new stake in Society Pass Incorporated valued at approximately $1,000. AMALGAMATED FINANCIAL CORP. acquired a new stake in SOPA for approximately $1,000. In total, there are 36 active investors with 1.90% ownership of the company’s stock.
On Tuesday morning Society Pass Incorporated (NASDAQ: SOPA) stock kicked off with the opening price of $0.9767. During the past 12 months, Society Pass Incorporated has had a low of $0.90 and a high of $6.11. As of last week, the company has a debt-to-equity ratio of 0.00, a current ratio of 2.20, and a quick ratio of 2.20. The fifty day moving average price for SOPA is $1.2801 and a two-hundred day moving average price translates $1.7650 for the stock.
The latest earnings results from Society Pass Incorporated (NASDAQ: SOPA) was released for Jun, 2022. According to the Software – Application Company, earnings per share came in at -$0.31, missing analysts’ expectations of -$0.19 by -0.12. This compares to -$1.08 EPS in the same period last year. The company reported revenue of $2.05 million for the quarter, compared to $84000.0 a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 2340.48 percent. For the current quarter, analysts expect SOPA to generate $2.78M in revenue.
Society Pass Incorporated(SOPA) Company Profile
Society Pass Incorporated engages in the acquisition and operation of e-commerce platforms for consumers and merchants in Southeast Asia. It operates in two segments, E-Commerce and Merchant POS. The company’s e-commerce interfaces include lifestyle platforms, such as Leflair App and Leflair.com website; food and beverage (F&B) delivery platforms comprising Pushkart App, Pushkart.ph website, Handycart App, and Handycart.vn website; merchant software segment that consists of #HOTTAB Biz App, #HOTTAB POS App, and Hottab.net website; and loyalty platforms, such as Society Pass App and SoPa.asia website. Its loyalty-focused and data-driven e-commerce marketing platform interfaces connect consumers with merchants in the F&B and lifestyle sectors. The company was formerly known as Food Society, Inc. and changed its name to Society Pass Incorporated in October 2018. Society Pass Incorporated was incorporated in 2018 and is headquartered in Singapore.
