Geode Capital Management LLC has recently announced that it has increased stake in Society Pass Incorporated (NASDAQ:SOPA) by 107.90%. After grabbing 97603.0 shares, the institutional investor is now in possession of 50655.0 shares of the Technology Company. The new investment brought the stake of investor firm to 0.37% having worth around $0.15 million. Moreover, SSgA Funds Management, Inc. increased its share by 5420.0 to have a control over 33812.0 shares. And Northern Trust Investments, Inc. raised its holdings to 17127.0 shares by acquiring 17127.0 shares or 0.06% of the stake.
Society Pass Incorporated (SOPA) concluded trading on 01/12/23 at a closing price of $1.00, with 0.55 million shares of worth about $0.55 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -47.73% during that period and on Thursday the price saw a gain of about 3.98%. Currently the company’s common shares owned by public are about 25.30M shares, out of which, 17.02M shares are available for trading.
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According to filings with the U.S. Securities and Exchange Commission (SEC), insiders took part in trade of the company’s stock for 0 times over the past 12 months. They bought 0 shares in 0 of the transactions. In 0 selling transactions, insiders dumped 0 shares.
Vanguard Extended Market Index Fu, Fidelity Extended Market Index Fu, and Fidelity Nasdaq Composite Index F are the top 3 mutual funds which are holding stakes in Society Pass Incorporated Vanguard Extended Market Index Fu is currently holding 95924.0 shares of worth totaling $0.15 million. The company recently came buying 0.0 shares which brought its stake up to 0.36% of the company’s outstanding shares. Fidelity Nasdaq Composite Index F, after buying 9864.0 shares, have now control over 0.04% of the stake in the company. It holds 0.0 shares of worth $14993.0.
Society Pass Incorporated (NASDAQ: SOPA) started trading at $0.98, above $0.02 from concluding price of the previous day. However, the stock later moved at a day high price of 1.0100, or with a gain of 3.98%. Stock saw a price change of 5.19% in past 5 days and over the past one month there was a price change of -28.60%. Year-to-date (YTD), SOPA shares are showing a performance of 0.84% which decreased to -87.60% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $0.90 but also hit the highest price of $8.56 during that period. The average intraday trading volume for Society Pass Incorporated shares is 150.15K. The stock is currently trading -8.62% below its 20-day simple moving average (SMA20), while that difference is down -26.37% for SMA50 and it goes to -45.81% lower than SMA200.
Geode Capital Management LLC acquired 97603.0 shares of Society Pass Incorporated having value of about $0.15 million. Data submitted at the U.S SEC by Geode Capital Management LLC revealed that the firm now holds 50655.0 shares in the company valued at close to $50655.0, or have control over 107.90% stake in the company. Society Pass Incorporated (NASDAQ: SOPA) currently have 25.30M outstanding shares and institutions hold larger chunk of about 1.90% of that. Holding of mutual funds in the company is about 1.12% while other institutional holders and individual stake holders have control over 25.36% and 0.76% of the stake respectively.
The stock has a current market capitalization of $27.24M. It has posted earnings per share of -$1.83 in the same period. It has Quick Ratio of 2.20 while making debt-to-equity ratio of 0.00. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for SOPA, volatility over the week remained 5.78% while standing at 7.16% over the month.
Analysts are in expectations that Society Pass Incorporated (SOPA) stock would likely to be making an EPS of -$0.22 in the current quarter, while forecast for next quarter EPS is -$0.22 and it is -$0.64 for next year. For the current quarter EPS, analysts have given the company a lowest target -$0.26 which is -$0.17 at the higher side of the target for the same. Stock’s fiscal year EPS is expected to drop by -706.60% while it is estimated to increase by 33.10% in next year.
Analysts at 1 brokerage firms have issued recommendations for the Society Pass Incorporated (SOPA)’s stock and average of those rates the stock at a “Moderate Buy” and assign it a score of 2.00. Out of those 1 Wall Street analysts, 1 recommended a “Buy” rating, while 0 were in favor recommending the stock as a “Hold” and 0 analyst recommended the stock as “Sell”.
