Separately, Ascendiant Capital Markets lifted their price objective on shares of Society Pass from $14.00 to $15.00 and gave the company a “buy” rating in a research note on Tuesday, May 27th.

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NASDAQ SOPA opened at $1.26 on Friday. The firm has a market cap of $6.31 million, a PE ratio of -0.44 and a beta of 1.80. Society Pass has a one year low of $0.64 and a one year high of $6.75. The firm’s fifty day moving average is $1.29 and its two-hundred day moving average is $1.31.

Society Pass (NASDAQ:SOPA – Get Free Report) last posted its quarterly earnings data on Tuesday, May 20th. The company reported ($0.44) EPS for the quarter, missing analysts’ consensus estimates of ($0.25) by ($0.19). The business had revenue of $1.47 million during the quarter, compared to analyst estimates of $2.20 million. Society Pass had a negative net margin of 137.06% and a negative return on equity of 1,168.47%. Research analysts predict that Society Pass will post -2.65 earnings per share for the current year.

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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.

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