How Is Society Pass Incorporated (SOPA)’s Price-To-Earnings Ratio?

As of Thursday close, Society Pass Incorporated’s (NASDAQ:SOPA) stock was up $0.49, moving up 26.20 percent to $2.36. The average number of shares traded per day over the past five days has been 16,002,199 shares. 4 times new highs have been achieved over the past 5 days, with a $0.5200 gain in that time frame. In the last twenty days, the average volume was 4,188,755, while in the previous 50 days, it was 2,939,976.

Since last month, SOPA stock rose 19.80%. Shares of the company fell to $1.7100 on 07/29/22, the lowest level in the past month. Since the beginning of this year, SOPA’s stock price has dropped by -77.33% or -$8.0500, and marked a new high 1 time. However, the stock has declined by -96.95% since its 52-week high.

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Financial Health

In the three months ended March 30, Society Pass Incorporated’s quick ratio stood at 21.60, while its current ratio was 21.80, showing that the company is able to pay off its debt. On the profitability front, the trailing twelve-month gross margin is -20.60% percent. Based on annual data, SOPA earned -$0.19 million in gross profit and brought in $0.52 million in revenue.

SOPA’s revenue rose 100.0% during the quarter, while net income inched up to $0.45 million. While analysts expected Society Pass Incorporated to report -$0.14 quarterly earnings, the actual figure was -$0.3 per share, beating the consensus estimate by -114.30%. During the quarter, the company generated -$5.79 million in EBITDA. The liabilities of Society Pass Incorporated were 2.21 million at the end of its most recent quarter ended March 30, and its total debt was $0.81 million. The value of shareholders’ equity is $23.79 million.

Technical Picture

This quick technical analysis looks at Society Pass Incorporated’s (SOPA) price momentum. With a historical volatility rate of 126.33%, the RSI 9-day stood at 77.64% on 04 August.

With respect to its five-day moving average, the current Society Pass Incorporated price is up by +28.26% percent or $0.5200. At present, SOPA shares trade +22.28% above its 20-day simple moving average and +6.79% percent above its 100-day simple moving average. However, the stock is currently trading approximately +9.77% above its SMA50.

Stochastic coefficient K was 40.50% and Stochastic coefficient D was 29.98%, while ATR was 0.2400. Given the Stochastic reading of 45.45% for the 14-day period, the RSI (14) reading has been calculated as 68.25%. As of today, the MACD Oscillator reading stands at 0.1300, while the 14-day reading stands at 0.1100.

Analyst Ratings

Society Pass Incorporated (SOPA) has been rated Buy by analysts. According to 0 brokerage firms, SOPA is a sell, and 0 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 0 analysts rate Society Pass Incorporated stock as buy, with 2 recommending it as overweight.

With a median target price of $6.50, the current consensus forecast for the stock is $5.00 – $8.00. Based on these forecasts, analysts predict Society Pass Incorporated (SOPA) will achieve an average price target of $6.50.


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