Society Pass (SOPA) Stock Price, News & Analysis

Company Overview

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. The company operates Leflair, an online lifestyle platform that offers services and products, such as fashion and accessories, beauty and personal care, and home and lifestyle; an online food delivery service under the Handycart brand name; and an online grocery delivery service under the Pushkart brand name. It also sells hardware and software to merchant; local mobile phone and global internet data plans; and domestic and overseas air ticket, and global hotel reservations, as well as offers digital marketing services. The company was formerly known as Food Society, Inc. and changed its name to Society Pass Incorporated in October 2018. Society Pass Incorporated was incorporated in 2018 and is headquartered in Singapore.

Key Stats

• Today's Range: $0.94 to $0.97
• 50-Day Range: $0.80 to $1.26
• 52-Week Range: $0.73 to $5.10
• Volume: 15,491 shs
• Average Volume: 23,906 shs
• Market Capitalization: $3.47 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $19.00
• Consensus Rating: Moderate Buy

Society Pass Stock Analysis - MarketRank™

Society Pass scored higher than 43% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Society Pass has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 2 buy ratings, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

Society Pass has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for Society Pass are expected to grow in the coming year, from ($2.84) to ($0.97) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Society Pass is -0.19, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Society Pass is -0.19, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Society Pass has a P/B Ratio of 6.33. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.40% of the float of Society Pass has been sold short.

Short Interest Ratio / Days to Cover

Society Pass has a short interest ratio ("days to cover") of 0, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Society Pass has recently increased by 42.19%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Society Pass does not currently pay a dividend.

Dividend Growth

Society Pass does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

0.40% of the float of Society Pass has been sold short.

Short Interest Ratio / Days to Cover

Society Pass has a short interest ratio ("days to cover") of 0, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Society Pass has recently increased by 42.19%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.8 / 5
• News Sentiment: N/A

News Sentiment

Society Pass has a news sentiment score of 1.00. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.60 average news sentiment score of Business Services companies.

News Coverage This Week

MarketBeat has tracked 1 news article for Society Pass this week, compared to 0 articles on an average week.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Society Pass insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 5.60% of the stock of Society Pass is held by insiders.

Percentage Held by Institutions

Only 3.09% of the stock of Society Pass is held by institutions.

SOPA Stock Analysis - Frequently Asked Questions

How have SOPA shares performed this year?

Society Pass' stock was trading at $4.5030 on January 1st, 2024. Since then, SOPA stock has decreased by 78.9% and is now trading at $0.95.
View the best growth stocks for 2024 here.

How were Society Pass' earnings last quarter?

Society Pass Incorporated (NASDAQ:SOPA) announced its quarterly earnings data on Monday, August, 19th. The company reported ($0.73) EPS for the quarter, beating analysts' consensus estimates of ($0.84) by $0.11. The business earned $1.71 million during the quarter, compared to the consensus estimate of $2.33 million. Society Pass had a negative net margin of 171.10% and a negative trailing twelve-month return on equity of 431.98%.

When did Society Pass' stock split?

Society Pass's stock reverse split on the morning of Wednesday, May 1st 2024. The 1-15 reverse split was announced on Wednesday, May 1st 2024. The number of shares owned by shareholders was adjusted after the market closes on Wednesday, May 1st 2024. An investor that had 100 shares of stock prior to the reverse split would have 7 shares after the split.

When did Society Pass IPO?

Society Pass (SOPA) raised $26 million in an initial public offering on Tuesday, November 9th 2021. The company issued 2,888,889 shares at $8.00-$10.00 per share.

Who are Society Pass' major shareholders?

Top institutional shareholders of Society Pass include Virtu Financial LLC (0.73%).

How do I buy shares of Society Pass?

Shares of SOPA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Society Pass own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Society Pass investors own include Predictive Oncology (POAI), JPMorgan Chase & Co. (JPM), NVIDIA (NVDA), Abbott Laboratories (ABT), Meta Platforms (META), Insulet (PODD) and Ford Motor (F).

Company Calendar

• Last Earnings: 8/19/2024
• Today: 11/23/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Business Services
• Industry: Business services, not elsewhere classified
• Sub-Industry: Business Services
• Current Symbol: NASDAQ:SOPA
• CUSIP: N/A
• CIK: 1817511
• Web: thesocietypass.com
• Phone: 65-6518-9382
• Fax: N/A
• Employees: 2,021
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $19.00
• High Stock Price Target: $19.00
• Low Stock Price Target: $19.00
• Potential Upside/Downside: +1,900.0%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.67
• Research Coverage: 3 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($5.1187)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-18,130,000.00
• Net Margins: -171.10%
• Pretax Margin: -167.45%
• Return on Equity: -431.98%
• Return on Assets: -79.26%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 0.62
• Quick Ratio: 0.51

Sales & Book Value

• Annual Sales: $8.17 million
• Price / Sales: 0.42
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $0.15 per share
• Price / Book: 6.33

Miscellaneous

• Outstanding Shares: 3,650,000
• Free Float: 3,442,000
• Market Cap: $3.47 million
• Optionable: Not Optionable
• Beta: 1.16