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Society Pass Inc’s Banking’s 100-Day Moving Average at 0.9462: Will the Stock Break Through?

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The market performance of Society Pass Inc’s stock has been turbulent in recent times. Over the last year, the company’s stock reached its highest point at $3.95 on 01/22/24, while the lowest value for the same duration was $0.73 on 09/11/24.

52-week price history of SOPA Stock

Studying a stock’s 52-week price history, which includes both low and high prices, can help gauge its current status and potential future performance. Society Pass Inc’s current trading price is -67.35% away from its 52-week high, while its distance from the 52-week low is 77.44%. The stock’s price range during the 52-week period has remained between $0.73 and $3.95. In the Technology sector, the company’s shares saw a trading volume of around 4.43 million for the day, which was evidently higher than the average daily volume of 44130.0 over the past three months.

Market Capitalization and Financial Performance: An In-Depth Look

Society Pass Inc (SOPA) has experienced a quarterly rise of 35.79% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 4.70M.

Making Sense of Trading Volume and Moving Average Data

Based on Barchart.com data, the company’s moving average over the 100-day period was 0.9462, with a change in price of +0.2500. Similarly, Society Pass Inc recorded 205,476 in trading volume during the last 100 days, posting a change of +24.04%.

Examining SOPA’s Debt-to-Equity Ratio: What You Need to Know

The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the shareholders’ equity. At the time of writing, the total D/E ratio for SOPA stands at 1.22. Similarly, the long-term debt-to-equity ratio is also 0.45.

SOPA Stock Stochastic Average

As of today, Society Pass Inc’s raw stochastic average for the last 50 days stands at 68.42%. This is a rise compared to the raw stochastic average of the previous 20 days, which was noted at 68.42%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 46.99% and 42.45%, respectively.

SOPA Stock Price Performance Analysis

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. Until today this year the stock’s price performance recorded an increase of 43.65%. However, over the last six months, the performance has been weaker by 1.57%. The price of SOPA increased 56.74% over the last 30 days. And in the last five days, it has surged by 44.94%.

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