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The price of Society Pass Inc (NASDAQ: SOPA) closed at $0.12 in the last session, down -14.63% from day before closing price of $0.14. In other words, the price has decreased by -$14.63 from its previous closing price. On the day, 2.86 million shares were traded. SOPA stock price reached its highest trading level at $0.1389 during the session, while it also had its lowest trading level at $0.1209.
Ratios:
We take a closer look at SOPA’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 0.73 and its Current Ratio is at 0.77. In the meantime, Its Debt-to-Equity ratio is 0.27 whereas as Long-Term Debt/Eq ratio is at 0.16.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Ascendiant Capital Markets on July 11, 2023, initiated with a Buy rating and assigned the stock a target price of $3.50.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SOPA now has a Market Capitalization of 5396243 and an Enterprise Value of 1225581. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.56 while its Price-to-Book (P/B) ratio in mrq is 0.76. Its current Enterprise Value per Revenue stands at 0.15 whereas that against EBITDA is -0.073.
Stock Price History:
The Beta on a monthly basis for SOPA is 1.16, which has changed by -0.8746146 over the last 52 weeks, in comparison to a change of 0.24191546 over the same period for the S&P500. Over the past 52 weeks, SOPA has reached a high of $1.16, while it has fallen to a 52-week low of $0.10. The 50-Day Moving Average of the stock is -25.29%, while the 200-Day Moving Average is calculated to be -58.71%.
Shares Statistics:
According to the various share statistics, SOPA traded on average about 472.67K shares per day over the past 3-months and 830570 shares per day over the past 10 days. A total of 33.26M shares are outstanding, with a floating share count of 15.66M. Insiders hold about 58.53% of the company’s shares, while institutions hold 3.09% stake in the company. Shares short for SOPA as of 1713139200 were 64550 with a Short Ratio of 0.14, compared to 1710460800 on 168088. Therefore, it implies a Short% of Shares Outstanding of 64550 and a Short% of Float of 0.19.
Earnings Estimates
A detailed examination of Society Pass Inc (SOPA) is currently in progress, with 2.0 analysts providing valuable insights into its market dynamics.On average, analysts expect EPS of -$0.09 for the current quarter, with a high estimate of -$0.08 and a low estimate of -$0.1, while EPS last year was -$0.2. The consensus estimate for the next quarter is -$0.08, with high estimates of -$0.07 and low estimates of -$0.1.
Analysts are recommending an EPS of between -$0.27 and -$0.37 for the fiscal current year, implying an average EPS of -$0.32. EPS for the following year is -$0.25, with 1.0 analysts recommending between -$0.25 and -$0.25.
Revenue Estimates
According to 2 analysts, the current quarter’s revenue is expected to be $3.07M. It ranges from a high estimate of $3.88M to a low estimate of $2.26M. As of the current estimate, Society Pass Inc’s year-ago sales were $2.17MFor the next quarter, 2 analysts are estimating revenue of $3.61M. There is a high estimate of $4.45M for the next quarter, whereas the lowest estimate is $2.76M.
A total of 2 analysts have provided revenue estimates for SOPA’s current fiscal year. The highest revenue estimate was $19.32M, while the lowest revenue estimate was $11.69M, resulting in an average revenue estimate of $15.5M. In the same quarter a year ago, actual revenue was $8.17MBased on 1 analysts’ estimates, the company’s revenue will be $33.32M in the next fiscal year. The high estimate is $33.32M and the low estimate is $33.32M.
