Society Pass Inc [SOPA] stock prices are up 44.99% to $1.29 at the moment. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The SOPA shares have gain 44.94% over the last week, with a monthly amount glided 56.74%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Society Pass Inc [NASDAQ: SOPA] stock has seen the most recent analyst activity on July 11, 2023, when Ascendiant Capital Markets initiated its Buy rating and assigned the stock a price target of $3.50.
The stock price of Society Pass Inc [SOPA] has been fluctuating between $0.73 and $3.95 over the past year. Society Pass Inc [NASDAQ: SOPA] shares were valued at $1.29 at the most recent close of the market.
Analyzing the SOPA fundamentals
The Society Pass Inc [NASDAQ:SOPA] reported sales of 6.91M for trailing twelve months, representing a drop of -26.14%. Gross Profit Margin for this corporation currently stands at 0.24% with Operating Profit Margin at -1.62%, Pretax Profit Margin comes in at -1.67%, and Net Profit Margin reading is -1.71%. To continue investigating profitability, this company’s Return on Assets is posted at -0.7, Equity is -3.92 and Total Capital is -10.72. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.56.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 0.9431 points at the first support level, and at 0.5963 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.5834, and for the 2nd resistance point, it is at 1.8769.
Ratios To Look Out For
It’s worth pointing out that Society Pass Inc [NASDAQ:SOPA]’s Current Ratio is 0.62. Further, the Quick Ratio stands at 0.60, while the Cash Ratio is 0.26. Considering the valuation of this stock, the price to sales ratio is 0.68, the price to book ratio is 4.29.
