Society Pass (NASDAQ:SOPA) Receives Hold Rating from Maxim Group

Maxim Group reissued their hold rating on shares of Society Pass (NASDAQ:SOPA) in a report published on Wednesday morning, Benzinga reports.

Separately, Litchfield Hills Research restated a buy rating on shares of Society Pass in a report on Friday, December 22nd.

Society Pass Price Performance

Shares of NASDAQ:SOPA opened at $0.12 on Wednesday. Society Pass has a 1-year low of $0.10 and a 1-year high of $1.16. The business has a fifty day moving average price of $0.17 and a 200-day moving average price of $0.24. The company has a market capitalization of $4.63 million, a PE ratio of -0.19 and a beta of 1.19.

Institutional Investors Weigh In On Society Pass

Several large investors have recently bought and sold shares of SOPA. Virtu Financial LLC increased its holdings in Society Pass by 296.0% in the 4th quarter. Virtu Financial LLC now owns 95,246 shares of the company’s stock worth $29,000 after buying an additional 71,193 shares in the last quarter. Citadel Advisors LLC increased its holdings in Society Pass by 315.2% in the 4th quarter. Citadel Advisors LLC now owns 126,739 shares of the company’s stock worth $39,000 after buying an additional 96,215 shares in the last quarter. FMR LLC increased its holdings in Society Pass by 1,478.4% in the 2nd quarter. FMR LLC now owns 22,098 shares of the company’s stock worth $43,000 after buying an additional 20,698 shares in the last quarter. Bank of New York Mellon Corp bought a new stake in Society Pass in the 1st quarter worth about $54,000. Finally, Northern Trust Corp bought a new stake in Society Pass in the 1st quarter worth about $54,000. 3.09% of the stock is currently owned by institutional investors.

Society Pass Company Profile

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.