Society Pass Inc [NASDAQ: SOPA] price surged by 59.87 percent to reach at $0.91.
The one-year SOPA stock forecast points to a potential upside of 84.81. The average equity rating for SOPA stock is currently 1.00, trading closer to a bullish pattern in the stock market.
Guru’s Opinion on Society Pass Inc [SOPA]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for SOPA shares is $16.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on SOPA stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Ascendiant Capital Markets have made an estimate for Society Pass Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on July 11, 2023.
The Average True Range (ATR) for Society Pass Inc is set at 0.25, with the Price to Sales ratio for SOPA stock in the period of the last 12 months amounting to 1.28. The Price to Book ratio for the last quarter was 8.09, with the Price to Cash per share for the same quarter was set at 1.17.
SOPA Stock Performance Analysis:
Society Pass Inc [SOPA] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 133.65. With this latest performance, SOPA shares gained by 170.60% in over the last four-week period, additionally plugging by 58.82% over the last 6 months – not to mention a drop of -12.15% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for SOPA stock in for the last two-week period is set at 83.94, with the RSI for the last a single of trading hit 87.55, and the three-weeks RSI is set at 80.86 for Society Pass Inc [SOPA]. The present Moving Average for the last 50 days of trading for this stock 0.9800, while it was recorded at 1.3800 for the last single week of trading, and 1.2300 for the last 200 days.
Insight into Society Pass Inc Fundamentals:
Society Pass Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.60 and a Current Ratio set at 0.62.
Society Pass Inc [SOPA] Institutonal Ownership Details
There are presently around $4.05%, or 4.81%% of SOPA stock, in the hands of institutional investors.
