Society Pass Inc (NASDAQ: SOPA)’s stock price has dropped by -11.21 in relation to previous closing price of 1.07. Nevertheless, the company has seen a gain of 2.13% in its stock price over the last five trading days. zacks.com reported 2024-08-19 that Society Pass Incorporated (SOPA) came out with a quarterly loss of $0.73 per share versus the Zacks Consensus Estimate of a loss of $0.84. This compares to loss of $1.80 per share a year ago.
Is It Worth Investing in Society Pass Inc (NASDAQ: SOPA) Right Now?
The stock has a 36-month beta value of 1.21. Opinions on the stock are mixed, with 3 analysts rating it as a “buy,” 0 as “overweight,” 1 as “hold,” and 0 as “sell.”
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The public float for SOPA is 2.28M, and at present, short sellers hold a 1.66% of that float. On October 18, 2024, the average trading volume of SOPA was 314.41K shares.
SOPA’s Market Performance
SOPA stock saw an increase of 2.13% in the past week, with a monthly gain of 12.97% and a quarterly increase of -25.20%. The volatility ratio for the week is 13.67%, and the volatility levels for the last 30 days are 12.54% for Society Pass Inc (SOPA). The simple moving average for the past 20 days is -5.02% for SOPA’s stock, with a -49.90% simple moving average for the past 200 days.
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 -4.62% 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 -85.61% of loss for the given period.
Volatility was left at 12.54%, however, over the last 30 days, the volatility rate increased by 13.67%, as shares sank -7.77% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -24.00% lower at present.
During the last 5 trading sessions, SOPA rose by +2.13%, which changed the moving average for the period of 200-days by -79.28% in comparison to the 20-day moving average, which settled at $1.0002. In addition, Society Pass Inc saw -78.90% 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:
- -1.89 for the present operating margin
- 0.23 for the gross margin
The net margin for Society Pass Inc stands at -1.91. The total capital return value is set at -4.79. Equity return is now at value -181.12, with -76.74 for asset returns.
Based on Society Pass Inc (SOPA), the company’s capital structure generated 0.27 points at debt to capital in total, while cash flow to debt ratio is standing at -10.33. The debt to equity ratio resting at 0.37. The interest coverage ratio of the stock is -344907.88.
Currently, EBITDA for the company is -16.34 million with net debt to EBITDA at -0.01. When we switch over and look at the enterprise to sales, we see a ratio of 0.41. The receivables turnover for the company is 2.47for trailing twelve months and the total asset turnover is 0.56. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.54.
Conclusion
To sum up, Society Pass Inc (SOPA) has seen a mixed performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as 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.
