In the last trading session, 52.52 million shares of the Society Pass Inc (NASDAQ:SOPA) were traded, and its beta was 1.31. Most recently the company’s share price was $5.73, and it changed around $3.13 or 120.38% from the last close, which brings the market valuation of the company to $20.89M. SOPA currently trades at a discount to its 52-week high of $3.56, offering almost 37.87% off that amount. The share price’s 52-week low was $0.73, which indicates that the current value has risen by an impressive 87.26% since then. We note from Society Pass Inc’s average daily trading volume that its 10-day average is 14.0 million shares, with the 3-month average coming to 2.42 million.
Society Pass Inc stock received a consensus recommendation rating of Buy, based on a mean score of 1.00. If we narrow it down even further, the data shows that 0 out of 2 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 0 recommended SOPA as a Hold, whereas 2 deemed it a Buy, and 0 rated it as Underweight. Society Pass Inc is expected to report earnings per share of -0.33 for the current quarter.
Society Pass Inc (NASDAQ:SOPA) trade information
Instantly SOPA has showed a green trend with a performance of 120.38% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 6.75 on recent trading dayincreased the stock’s daily price by 15.11%. The company’s shares are currently up 538.08% year-to-date, but still up 170.28% over the last five days. On the other hand, Society Pass Inc (NASDAQ:SOPA) is 520.20% up in the 30-day period. We can see from the shorts that 9105.0 shares have been sold at a short interest cover period of 0.13 day(s).
Society Pass Inc (SOPA) estimates and forecasts
The year-over-year growth rate is expected to be -14.34%, down from the previous year.
Consensus estimates provided by 1 financial analysts predict the company will bring in an average of 1.8M in revenue for the current quarter. 2 analysts expect Society Pass Inc to make 3.26M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 1.67M and 1.85M respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 7.61%. Forecasts for the next quarter put sales growth at 76.63%.
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 in March.
Society Pass Inc (NASDAQ:SOPA)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 15.72% of Society Pass Inc shares, and 4.05% of them are in the hands of institutional investors. The stock currently has a share float of 4.81%.
Fidelity Extended Market Index Fund and Vanguard Extended Market Index Fund were the top two Mutual Funds as of Nov 30, 2024. The former held 8.98 shares worth $51484.0, making up 0.25% of all outstanding shares. On the other hand, Vanguard Extended Market Index Fund held roughly 6.42 shares worth around $36757.0, which represents about 0.18% of the total shares outstanding.
