Society Pass (SOPA) Projected to Post Earnings on Tuesday

Society Pass (NASDAQ:SOPA) is expected to release its results before the market opens on Tuesday, April 21st. Analysts expect Society Pass to post earnings of ($0.1050) per share and revenue of $2.61 million for the quarter.

Society Pass Price Performance

Shares of NASDAQ:SOPA opened at $0.52 on Monday. The business’s 50 day simple moving average is $0.63 and its 200 day simple moving average is $1.63. Society Pass has a 1 year low of $0.32 and a 1 year high of $6.28. The company has a market capitalization of $3.96 million, a P/E ratio of -0.21 and a beta of 2.01.

Hedge Funds Weigh In On Society Pass

Several hedge funds and other institutional investors have recently modified their holdings of the business. XTX Topco Ltd acquired a new position in shares of Society Pass during the 2nd quarter worth $31,000. Geode Capital Management LLC lifted its position in shares of Society Pass by 43.3% during the 4th quarter. Geode Capital Management LLC now owns 48,129 shares of the company’s stock worth $183,000 after buying an additional 14,547 shares during the last quarter. Finally, HRT Financial LP acquired a new stake in Society Pass in the fourth quarter valued at about $350,000. Institutional investors own 3.09% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on the company. Greenridge Global raised Society Pass to a “strong-buy” rating in a report on Monday, December 22nd. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Society Pass in a research note on Friday, March 27th. Finally, Zacks Research raised shares of Society Pass from a “strong sell” rating to a “hold” rating in a research report on Tuesday, April 7th. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, Society Pass currently has a consensus rating of “Moderate Buy” and a consensus target price of $22.50.

About Society Pass

Society Pass Inc is a commerce-as-a-service holding company focused on creating and operating an omni-channel loyalty and rewards platform that connects consumers with a diversified portfolio of e-commerce marketplaces and digital services. Through its proprietary technology, the company enables users to earn and redeem loyalty points across various online and offline merchants, fostering repeat engagement for retail, travel, dining and entertainment partners. Society Pass’s model emphasizes the aggregation of customer data, personalized promotions and co-marketing programs to drive sales and brand awareness for its partner network.

The company’s core offerings include an e-commerce marketplace that spans categories such as consumer electronics, health and beauty, groceries, and lifestyle products.