Social Reality Inc. (SRAX) Upgraded by ValuEngine to “Sell”

Social Reality Inc. (NASDAQ:SRAX) was upgraded by analysts at ValuEngine from a “strong sell” rating to a “sell” rating in a research report issued on Tuesday.

Several other brokerages have also recently weighed in on SRAX. Zacks Investment Research cut shares of Social Reality from a “buy” rating to a “hold” rating in a research note on Thursday, August 10th. Chardan Capital reissued a “buy” rating and issued a $5.00 price objective (down previously from $9.00) on shares of Social Reality in a research note on Monday, July 17th.

Social Reality (SRAX) traded up 70.73% on Tuesday, hitting $4.90. The stock had a trading volume of 7,189,873 shares. The company’s 50 day moving average is $1.93 and its 200-day moving average is $1.65. Social Reality has a 1-year low of $1.11 and a 1-year high of $8.95. The firm’s market capitalization is $39.32 million.

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About Social Reality

Social Reality, Inc is an Internet advertising and platform technology company. The Company provides tools to automate the digital advertising market. It is engaged in the sales of digital media advertising campaigns to advertising agencies and brands; sales of media inventory through real-time bidding (RTB) exchanges; sale and licensing of its SRAX Social platform and related media, and creation of custom platforms for buying media on SRAX for various brands.

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