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 -31.65% away from its 52-week high, while its distance from the 52-week low is 234.25%. The stock’s price range during this period has varied between $0.73 and $3.56. The company, active in the Technology sector, saw a trading volume of around 115.17 million for the day, considerably higher average daily volume of 0.36 million observed over the last three months.
Society Pass Inc’s stock has seen a rocky market performance. The company’s stock achieved a 1-year high of $3.56 on 02/14/24, and the lowest price during that time was $0.73, recorded on 09/11/24.
How Financial Performance Impacts Market Capitalization
Society Pass Inc (SOPA) has experienced a quarterly rise of 147.96% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 8.86M.
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 0.9700, with a change in price of +1.6000. Similarly, Society Pass Inc recorded 1,411,565 in trading volume during the last 100 days, posting a change of +192.67%.
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 1.22. Similarly, the long-term debt-to-equity ratio is also 0.45.
SOPA Stock Stochastic Average
As of today, the raw stochastic average of Society Pass Inc over the last 50 days is at 77.94%. This shows a increasee from the raw stochastic average of the previous 20 days, which was recorded at 76.96%. Further, the company’s Stochastic %K and %D values for the last 20 days were 59.32% and 39.15%, respectively.
SOPA Stock Price Performance Analysis
Depending on how one views it, the stock price performance for the year has been a mixed bag, resulting in either an optimistic or pessimistic outlook. Until today this year the stock’s price performance recorded an increase of 170.60%. However, over the last six months, the performance has been weaker by 58.82%. The price of SOPA increased 170.60% over the last 30 days. And in the last five days, it has surged by 133.65%.
