In today’s recent session, 6.77 million shares of the Society Pass Inc (NASDAQ:SOPA) have been traded, and its beta is 1.22. Most recently the company’s share price was $1.12, and it changed around $0.08 or 7.69% from the last close, which brings the market valuation of the company to $3.53M. SOPA at last check was trading at a discount to its 52-week high of $7.48, offering almost -567.86% off that amount. The share price’s 52-week low was $0.89, which indicates that the recent value has risen by an impressive 20.54% since then. We note from Society Pass Inc’s average daily trading volume that its 10-day average is 0.12 million shares, with the 3-month average coming to 167.83K.

Society Pass Inc stock received a consensus recommendation rating of Buy, based on a mean score of 1.67. If we narrow it down even further, the data shows that 0 out of 4 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 1 recommended SOPA as a Hold, whereas 3 deemed it a Buy, and 0 rated it as Underweight. Society Pass Inc is expected to report earnings per share of -0.57 for the current quarter.

Society Pass Inc (NASDAQ:SOPA) trade information

Instantly SOPA has been showing a green trend so far today with a performance of 7.69% on intraday trading today. The performance over the last five days has remained in the green territory. The rise to weekly highs of 1.2400 on recent trading dayincreased the stock’s daily price by 9.68%. The company’s shares are currently down -75.13% year-to-date, but still up 12.00% over the last five days. On the other hand, Society Pass Inc (NASDAQ:SOPA) is -24.32% down in the 30-day period. We can see from the shorts that 0.13 million shares have been sold at a short interest cover period of 0.4 day(s).

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 -60.91 percent over the past six months and at a 64.66% annual growth rate that is well above the industry average of 16.60%. Moreover, analysts have decided to roll up on their fiscal year 2024 revenue estimates. The rating firms predict that it will gain 72.90% in revenue this quarter, and will report an increase of 84.30% in the next quarter. The year-over-year growth rate is expected to be 23.10%, up from the previous year.

Consensus estimates provided by 2 financial analysts predict the company will bring in an average of 2.74M in revenue for the current quarter. 2 analysts expect Society Pass Inc to make 3.77M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 2.27M and 1.67M respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 20.80%. Forecasts for the next quarter put sales growth at 125.30%.

Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -57.72%.

SOPA Dividends

Society Pass Inc’s next quarterly earnings report is expected to be released on 2024-Aug-19.

Society Pass Inc (NASDAQ:SOPA)’s Major holders

Upon looking at major shareholders, it appears that insiders hold 29.07% of Society Pass Inc shares, and 2.68% of them are in the hands of institutional investors. The stock currently has a share float of 3.78%.

Fidelity Extended Market Index Fund and Vanguard Extended Market Index Fund were the top two Mutual Funds as of Jun 30, 2024. The former held 10.82 shares worth $12228.0, making up 0.34% of all outstanding shares. On the other hand, Vanguard Extended Market Index Fund held roughly 6.42 shares worth around $7250.0, which represents about 0.20% of the total shares outstanding.