Society Pass (SOPA) Projected to Post Earnings on Tuesday

Society Pass (NASDAQ:SOPA) is expected to be releasing 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 Stock Performance

Shares of SOPA opened at $0.52 on Friday. The stock’s 50-day simple moving average is $0.63 and its 200 day simple moving average is $1.62. The stock has a market capitalization of $3.95 million, a price-to-earnings ratio of -0.21 and a beta of 2.01. Society Pass has a 52-week low of $0.32 and a 52-week high of $6.28.

Institutional Trading of Society Pass

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

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on SOPA. Wall Street Zen cut Society Pass to a “strong sell” rating in a report on Saturday, December 20th. Zacks Research raised Society Pass from a “strong sell” rating to a “hold” rating in a report on Tuesday, April 7th. Weiss Ratings reissued a “sell (d-)” rating on shares of Society Pass in a report on Friday, March 27th. Finally, Greenridge Global raised Society Pass to a “strong-buy” rating in a report on Monday, December 22nd. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Society Pass 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.