Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. Society Pass Inc’s current trading price is -89.48% away from its 52-week high, while its distance from the 52-week low is 18.56%. The stock’s price range during this period has varied between $0.10 and $1.16. The company, active in the Technology sector, saw a trading volume of around 2.86 million for the day, considerably higher average daily volume of 0.47 million observed over the last three months.
Society Pass Inc had a pretty Dodgy run when it comes to the market performance. Over the past year, the company’s stock reached a high of $1.16 on 05/11/23, while the lowest price during the same period was $0.10 on 03/18/24.
How Financial Performance Impacts Market Capitalization
Society Pass Inc (SOPA) has experienced a quarterly decline of -37.72% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 4.61M.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 0.2016, with a change in price of -0.1470. Similarly, Society Pass Inc recorded 505,051 in trading volume during the last 100 days, posting a change of -54.65%.
How SOPA’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for SOPA stands at 0.27. Similarly, the long-term debt-to-equity ratio is also 0.16.
SOPA Stock Stochastic Average
As of today, the raw stochastic average of Society Pass Inc over the last 50 days is at 16.81%. This shows a increasee from the raw stochastic average of the previous 20 days, which was recorded at 7.94%. Further, the company’s Stochastic %K and %D values for the last 20 days were 33.70% and 43.73%, respectively.
SOPA Stock Price Performance Analysis
Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. This year’s metric has recorded a Price decrease of -59.36%. However, over the past six months, we’ve seen a stronger performance of -57.77%. The price of SOPA leaped by -21.79% over the last 30 days. And in the last five days, it has fallen by -0.33%.
