Society Pass Inc [NASDAQ: SOPA] gained 275.89% or 3.89 points to close at $5.3 with a heavy trading volume of 209298544 shares.
It opened the trading session at $3.2, the shares rose to $6.28 and dropped to $2.73, the range by which the price of stock traded the whole day. The daily chart for SOPA points out that the company has recorded 595.63% gains over the past six months.
If we look at the average trading volume of 3.37M shares, SOPA reached to a volume of 209298544 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying 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 $22.00 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 Price to Book ratio for the last quarter was 9.95, with the Price to Cash per share for the same quarter was set at 1.35.
Trading performance analysis for SOPA stock
Society Pass Inc [SOPA] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 356.90. With this latest performance, SOPA shares gained by 345.38% in over the last four-week period, additionally plugging by 595.63% over the last 6 months – not to mention a rise of 490.20% 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 94.64, with the RSI for the last a single of trading hit 0.6200, and the three-weeks RSI is set at 0.3300 for Society Pass Inc [SOPA]. The present Moving Average for the last 50 days of trading for this stock 1.3200, while it was recorded at 2.0400 for the last single week of trading, and 1.3000 for the last 200 days.
Society Pass Inc [SOPA]: A deeper dive into fundamental analysis
Operating Margin for any stock indicates how profitable investing would be, and Society Pass Inc [SOPA] shares currently have an operating margin of -83.65% and a Gross Margin at 28.45%. Society Pass Inc’s Net Margin is presently recorded at -90.54%.
Society Pass Inc (SOPA) Capital Structure & Debt Analysis
According to recent financial data for Society Pass Inc. ( SOPA), the Return on Equity (ROE) stands at -247.72%, highlighting a negative impact on investor capital. The Return on Assets (ROA) is -31.77%, reflecting the company’s efficiency in generating profits from its assets. Additionally, Society Pass Inc’s Return on Invested Capital (ROIC) is -212.36%, showcasing its effectiveness in deploying capital for earnings.
Society Pass Inc (SOPA) Efficiency & Liquidity Metrics
Based on Society Pass Inc’s (SOPA) latest financial statements, the Debt-to-Equity Ratio is 0.30%, indicating its reliance on debt financing relative to shareholder equity.
Society Pass Inc (SOPA) Efficiency & Liquidity Metrics
Society Pass Inc [SOPA]: An earnings per share (EPS) analysis
With the latest financial reports released by the company, Society Pass Inc posted -0.43/share EPS, while the average EPS was predicted by analysts to be reported at -0.62/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 0.19. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for SOPA.
An analysis of Institutional ownership at Society Pass Inc [SOPA]
There are presently around $3.26%, or 3.65%% of SOPA stock, in the hands of institutional investors.
