Ascendiant Capital Markets Cuts Society Pass (NASDAQ:SOPA) Price Target to $16.00

Society Pass (NASDAQ:SOPA) had its price target decreased by Ascendiant Capital Markets from $19.00 to $16.00 in a research report report published on Thursday,Benzinga reports. Ascendiant Capital Markets currently has a buy rating on the stock.

Society Pass Price Performance

NASDAQ SOPA opened at $0.85 on Thursday. The stock has a market capitalization of $3.10 million, a PE ratio of -0.17 and a beta of 1.20. Society Pass has a 1 year low of $0.73 and a 1 year high of $5.10. The business’s 50-day moving average is $0.95 and its 200 day moving average is $1.17.

Institutional Trading of Society Pass

A hedge fund recently bought a new stake in Society Pass stock. Virtu Financial LLC acquired a new position in Society Pass Incorporated (NASDAQ:SOPA) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 26,772 shares of the company’s stock, valued at approximately $25,000. Virtu Financial LLC owned 0.73% of Society Pass at the end of the most recent reporting period. Institutional investors own 3.09% of the company’s stock.

About Society Pass

Society Pass Incorporated acquires and operates fintech and e-commerce platforms and mobile applications for consumers and merchants in Singapore, Vietnam, Indonesia, Philippines, the United States, Malaysia, Hong Kong, and Thailand. It operates through Online Grocery and Food and Groceries Deliveries, Digital marketing, Online ticketing and reservation, Telecommunications Reseller, e-Commerce, and Merchant Point of Sale segments.