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After finishing at $1.73 in the prior trading day, Society Pass Inc (NASDAQ: SOPA) closed at $1.99, up 15.03%. In other words, the price has increased by $15.03 from its previous closing price. On the day, 0.59 million shares were traded. SOPA stock price reached its highest trading level at $2.12 during the session, while it also had its lowest trading level at $1.67.
Ratios:
Our goal is to gain a better understanding of SOPA by taking a closer look at its different ratios. 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 5009805 and an Enterprise Value of 1616525. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.61 while its Price-to-Book (P/B) ratio in mrq is 0.83. Its current Enterprise Value per Revenue stands at 0.198 whereas that against EBITDA is -0.097.
Stock Price History:
Over the past 52 weeks, SOPA has reached a high of $17.40, while it has fallen to a 52-week low of $1.54. The 50-Day Moving Average of the stock is -15.21%, while the 200-Day Moving Average is calculated to be -53.91%.
Shares Statistics:
The stock has traded on average 43.35K shares per day over the past 3-months and 116566 shares per day over the last 10 days, according to various share statistics. A total of 2.22M shares are outstanding, with a floating share count of 1.04M. Shares short for SOPA as of 1713139200 were 4303 with a Short Ratio of 0.10, compared to 1710460800 on 11205. Therefore, it implies a Short% of Shares Outstanding of 4303 and a Short% of Float of 0.19.
