The stock of Society Pass Inc (SOPA) has gone up by 14.57% for the week, with a -5.41% drop in the past month and a -31.03% drop in the past quarter. The volatility ratio for the week is 9.09%, and the volatility levels for the past 30 days are 11.09% for SOPA. The simple moving average for the past 20 days is -1.97% for SOPA’s stock, with a -53.92% simple moving average for the past 200 days.
Is It Worth Investing in Society Pass Inc (NASDAQ: SOPA) Right Now?
The 36-month beta value for SOPA is at 1.21. Analysts have varying views on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for SOPA is 15.66M, and currently, shorts hold a 1.82% of that float. The average trading volume for SOPA on April 24, 2024 was 421.66K shares.
SOPA) stock’s latest price update
Society Pass Inc (NASDAQ: SOPA)’s stock price has gone rise by 14.38 in comparison to its previous close of 0.12, however, the company has experienced a 14.57% increase in its stock price over the last five trading days. InvestorPlace reported 2023-07-19 that There are growth ideas and then there are the top hypergrowth stocks to buy, enterprises that provide zero guarantees other than raising your blood pressure. So, if you already have high blood pressure, investing in the hypergrowth sector will almost surely be hazardous to your physical, mental and emotional wellbeing.
Analysts’ Opinion of SOPA
Many brokerage firms have already submitted their reports for SOPA stocks, with Ascendiant Capital Markets repeating the rating for SOPA by listing it as a “Buy.” The predicted price for SOPA in the upcoming period, according to Ascendiant Capital Markets is $3.50 based on the research report published on July 11, 2023 of the previous year 2023.
SOPA Trading at -16.76% from the 50-Day Moving Average
After a stumble in the market that brought SOPA to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -87.93% of loss for the given period.
Volatility was left at 11.09%, however, over the last 30 days, the volatility rate increased by 9.09%, as shares sank -15.56% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -30.00% lower at present.
During the last 5 trading sessions, SOPA rose by +14.57%, which changed the moving average for the period of 200-days by -72.00% in comparison to the 20-day moving average, which settled at $0.1415. In addition, Society Pass Inc saw -53.36% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for SOPA
Current profitability levels for the company are sitting at:
- -2.2 for the present operating margin
- 0.3 for the gross margin
The net margin for Society Pass Inc stands at -2.23. The total capital return value is set at -3.06. Equity return is now at value -141.37, with -73.92 for asset returns.
Based on Society Pass Inc (SOPA), the company’s capital structure generated 0.21 points at debt to capital in total, while cash flow to debt ratio is standing at -9.71. The debt to equity ratio resting at 0.27. The interest coverage ratio of the stock is -76427.31.
Currently, EBITDA for the company is -16.34 million with net debt to EBITDA at 0.13. When we switch over and look at the enterprise to sales, we see a ratio of 0.38. The receivables turnover for the company is 3.74for trailing twelve months and the total asset turnover is 0.5. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.77.
Conclusion
In conclusion, Society Pass Inc (SOPA) has had a bad performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
