Society Pass (SOPA) Projected to Post Quarterly Earnings on Tuesday

Society Pass (NASDAQ:SOPA – Get Free Report) is anticipated to announce its results before the market opens on Tuesday, May 19th. Analysts expect the company to announce earnings of ($0.11) per share and revenue of $2.72 million for the quarter.

Society Pass Trading Down 3.5%

Shares of NASDAQ:SOPA opened at $0.36 on Tuesday. The stock has a market capitalization of $2.75 million, a PE ratio of -0.15 and a beta of 1.80. Society Pass has a 1 year low of $0.32 and a 1 year high of $6.28. The firm has a fifty day moving average price of $0.51 and a 200 day moving average price of $1.36.

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Institutional Investors Weigh In On Society Pass

Several hedge funds have recently made changes to their positions in the stock. HRT Financial LP bought a new stake in shares of Society Pass in the fourth quarter valued at about $350,000. Geode Capital Management LLC lifted its stake in shares of Society Pass by 43.3% in the fourth quarter. Geode Capital Management LLC now owns 48,129 shares of the company’s stock valued at $183,000 after buying an additional 14,547 shares during the period. Finally, XTX Topco Ltd bought a new stake in shares of Society Pass in the second quarter valued at about $31,000. Institutional investors own 3.09% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on SOPA shares. Zacks Research upgraded shares of Society Pass from a “strong sell” rating to a “hold” rating in a report on Tuesday, April 7th. Weiss Ratings cut shares of Society Pass from a “sell (d-)” rating to a “sell (e+)” rating in a report on Friday, April 24th. One research 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.com, Society Pass presently has an average rating of “Moderate Buy” and an average price target of $22.50.

View Our Latest Stock Analysis on SOPA

About Society Pass

(Get Free Report)

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.

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