Shares In Society Pass Inc (SOPA) -58.63% Down, YTD

Society Pass Inc (NASDAQ:SOPA) has a beta value of 1.21 and has seen 0.54 million shares traded in the recent trading session. The company, currently valued at $4.69M, closed the recent trade at $0.12 per share which meant it 1.80% during that session. The SOPA stock price is -866.67% off its 52-week high price of $1.16 and 16.67% above the 52-week low of $0.10. The 3-month trading volume is 515.41K shares.

Society Pass Inc (NASDAQ:SOPA) trade information

Sporting 1.80% in the green today, the stock has traded in the red over the last five days, when the SOPA stock price touched $0.12 or saw a rise of 33.33%. Year-to-date, Society Pass Inc shares have moved -58.63%, while the 5-day performance has seen it change -11.29%. Over the past 30 days, the shares of Society Pass Inc (NASDAQ:SOPA) have changed -19.92%.

Society Pass Inc (SOPA) estimates and forecasts

Figures show that Society Pass Inc shares have outperformed across the wider relevant industry. The company’s shares have lost -61.18% over the past 6 months, with this year growth rate of 57.14%, compared to 19.50% for the industry. Other than that, the company has, however, increased its growth outlook for the 2024 fiscal year revenue. Growth estimates for the current quarter are 55.00% and 33.30% for the next quarter. Revenue growth from the last financial year stood is estimated to be 89.70%.

2 analysts offering their estimates for the company have set an average revenue estimate of $3.07 million for the current quarter. 2 have an estimated revenue figure of $3.61 million for the next quarter concluding in Jun 2024. Year-ago sales stood $2.17 million and $2.19 million respectively for this quarter and the next, and analysts expect sales will grow by 41.50% for the current quarter and 65.10% for the next.

If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -57.74% over the past 5 years.

SOPA Dividends

Society Pass Inc is expected to release its next earnings report in May this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.