Do investors have a safe investment in Society Pass Inc (NASDAQ:SOPA)?

The price of Society Pass Inc (NASDAQ:SOPA) shares last traded on Wall Street rose 4.24% to $1.23.

SOPA stock price is now 17.65% away from the 50-day moving average and 5.85% away from the 200-day moving average. The market capitalization of the company currently stands at $5.56M.

With the price target of $3.50, Ascendiant Capital Markets recently initiated with Buy rating for Society Pass Inc (NASDAQ: SOPA).

In other news, Dunn Michael Paul JR, Director bought 12,000 shares of the company’s stock on Feb 03 ’25. The stock was bought for $28,920 at an average price of $2.41. Upon completion of the transaction, the Director now directly owns 12,262 shares in the company, valued at $15082.26. An SEC document containing details of the transaction can be found on the SEC’s website. On Feb 03 ’25, Director Dunn Michael Paul JR sold 10,714 shares of the business’s stock. A total of $29,356 was realized by selling the stock at an average price of $2.74. This leaves the insider owning 262 shares of the company worth $322.26. A total of 13.35% of the company’s stock is owned by insiders.

During the past 12 months, Society Pass Inc has had a low of $0.64 and a high of $6.75. The fifty day moving average price for SOPA is $1.04548 and a two-hundred day moving average price translates $1.16202 for the stock.

The latest earnings results from Society Pass Inc (NASDAQ: SOPA) was released for 2024-12-31. The net profit margin was -143.93% and return on equity was -601.50% for SOPA. The company reported revenue of $1.87 million for the quarter, compared to $1.75 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 7.03 percent. For the current quarter, analysts expect SOPA to generate $2.2M in revenue.

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