Investors’ outlook regarding the stock price performance over the year has been split, with some feeling optimistic and others feeling pessimistic, as it’s been a mixed bag. Year to date metric has recorded a loss of -55.81%.However, over the last six months, we can see a stronger performance of -63.20%. Over the last 30 days, the price of SOPA has leaped by -24.83%. And in the last five days, it has fallen by -7.16%.
Society Pass Inc experienced a somewhat shaky performance in the stock market. The company’s stock reached a 1-year high of $17.40 on 05/11/23, while the lowest price for the same period was registered at $1.54 on 03/18/24.
52-week price history of SOPA Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Society Pass Inc’s current trading price is -88.56% away from its 52-week high, while its distance from the 52-week low is 28.93%. The stock’s price range during this period has varied between$1.54 and $17.40. The Society Pass Inc’s shares, which operate in the Technology, saw a trading volume of around 0.59 million for the day, a figure considerably higher than their average daily volume of 43350.0 over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Society Pass Inc (SOPA) has experienced a quarterly decline of -17.85% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 5.01M.
Combining Moving Average and Trading Volume Data for Better Market Insight
Based on Barchart.com data, the company’s moving average over the 100-day period was 2.9347, with a change in price of -2.2715. Similarly, Society Pass Inc recorded 44,732 in trading volume during the last 100 days, posting a change of -53.30%.
SOPA’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look
The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of 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
Society Pass Inc’s raw stochastic average for the past 50 days is presently 27.79%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 33.89%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 20.23% and 14.31%, respectively.