In the last trading session, 1.03 million shares of the Society Pass Inc (NASDAQ:SOPA) were traded, and its beta was 1.21. Most recently the company’s share price was $0.14, and it changed around $0.02 or 14.38% from the last close, which brings the market valuation of the company to $5.29M. SOPA currently trades at a discount to its 52-week high of $1.16, offering almost -728.57% off that amount. The share price’s 52-week low was $0.10, which indicates that the current value has risen by an impressive 28.57% since then. We note from Society Pass Inc’s average daily trading volume that its 3-month average coming to 421.66K.
Society Pass Inc (NASDAQ:SOPA) trade information
Instantly SOPA has showed a green trend with a performance of 14.38% at the end of last trading. The performance over the last five days has remained in the green territory. The company’s shares are currently down -53.36% year-to-date, but still up 14.57% over the last five days. On the other hand, Society Pass Inc (NASDAQ:SOPA) is -5.41% down in the 30-day period.
Society Pass Inc (SOPA) estimates and forecasts
Society Pass Inc share prices are performing particularly well compared to other companies within the same industry. As is evident from the statistics, the company’s shares have fallen -47.76 percent over the past six months and at a 57.14% annual growth rate that is well above the industry average of 18.80%. Moreover, analysts have decided to roll up on their fiscal year 2024 revenue estimates. The rating firms predict that it will gain 60.00% in revenue this quarter, and will report an increase of 41.70% in the next quarter. The year-over-year growth rate is expected to be 94.30%, up from the previous year.
Consensus estimates provided by 4 financial analysts predict the company will bring in an average of $2.86 million in revenue for the current quarter. 4 analysts expect Society Pass Inc to make $3.46 million in revenue for the quarter ending Jun 2024. The company’s sales for the same quarters a year ago were $2.17 million and $2.19 million respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 31.80%. Forecasts for the next quarter put sales growth at 58.20%.
Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -57.74%.
SOPA Dividends
Society Pass Inc’s next quarterly earnings report is expected to be released in May.
