Society Pass Inc [NASDAQ: SOPA] surged by $0.35 during the normal trading session on while it closed the day at $1.18.
Society Pass Inc stock has also gained 32.55% of its value over the past 7 days. However, SOPA stock has inclined by 19.92% in the 3 months of the year. Over the past six months meanwhile, it has gained 20.41% and gained 31.40% year-on date.
The market cap for SOPA stock reached $5.33 million, with 4.52 million shares outstanding and 3.91 million shares in the current float. Compared to the average trading volume of 3.44M shares, SOPA reached a trading volume of 2798767 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about 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 $14.00 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 0.13, with the Price to Sales ratio for SOPA stock in the period of the last 12 months amounting to 0.75. Price to Free Cash Flow for SOPA in the course of the last twelve months was 2.72 with Quick ratio for the last quarter at 0.62.
SOPA stock trade performance evaluation
Society Pass Inc [SOPA] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 32.55. With this latest performance, SOPA shares gained by 37.21% in over the last four-week period, additionally plugging by 20.41% over the last 6 months – not to mention a drop of -35.52% 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 62.96, with the RSI for the last a single of trading hit 74.83, and the three-weeks RSI is set at 55.24 for Society Pass Inc [SOPA]. The present Moving Average for the last 50 days of trading for this stock 1.0605, while it was recorded at 0.9330 for the last single week of trading, and 1.1624 for the last 200 days.
Society Pass Inc [SOPA]: An insightful look at the core fundamentals
Society Pass Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.62 and a Current Ratio set at 0.62.
Society Pass Inc [SOPA]: Institutional Ownership
There are presently around $1.63%, or 1.84%% of SOPA stock, in the hands of institutional investors.
