Society Pass’ (SOPA) Hold Rating Reiterated at Maxim Group

Society Pass (NASDAQ:SOPA)‘s stock had its “hold” rating reiterated by stock analysts at Maxim Group in a research report issued to clients and investors on Wednesday, Benzinga reports.

Separately, Litchfield Hills Research restated a “buy” rating on shares of Society Pass in a research note on Friday, December 22nd.

Society Pass Trading Up 1.5 %

Shares of Society Pass stock traded up $0.00 during trading on Wednesday, hitting $0.12. 107,468 shares of the stock traded hands, compared to its average volume of 434,843. The firm has a market cap of $4.07 million, a P/E ratio of -0.19 and a beta of 1.19. Society Pass has a 52-week low of $0.10 and a 52-week high of $1.16. The stock’s fifty day simple moving average is $0.17 and its 200 day simple moving average is $0.24.

Institutional Trading of Society Pass

Hedge funds and other institutional investors have recently modified their holdings of the stock. BlackRock Inc. boosted its stake in shares of Society Pass by 281.7% in the 1st quarter. BlackRock Inc. now owns 171,163 shares of the company’s stock valued at $509,000 after buying an additional 126,317 shares during the period. Citadel Advisors LLC lifted its stake in Society Pass by 315.2% during the fourth quarter. Citadel Advisors LLC now owns 126,739 shares of the company’s stock worth $39,000 after purchasing an additional 96,215 shares during the last quarter. State Street Corp lifted its stake in Society Pass by 259.1% during the first quarter. State Street Corp now owns 130,573 shares of the company’s stock worth $388,000 after purchasing an additional 94,212 shares during the last quarter. Virtu Financial LLC lifted its stake in Society Pass by 296.0% during the fourth quarter. Virtu Financial LLC now owns 95,246 shares of the company’s stock worth $29,000 after purchasing an additional 71,193 shares during the last quarter. Finally, Point72 Hong Kong Ltd purchased a new stake in Society Pass during the first quarter worth approximately $84,000. 3.09% of the stock is owned by institutional investors and hedge funds.

Society Pass Company Profile

Society Pass Incorporated acquires and operates fintech and e-commerce platforms and mobile applications for consumers and merchants in Singapore, Vietnam, Indonesia, Philippines, the United States, Malaysia, Hong Kong, and Thailand. It operates through Online Grocery and Food and Groceries Deliveries, Digital marketing, Online ticketing and reservation, Telecommunications Reseller, e-Commerce, and Merchant Point of Sale segments.