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

Social Reality Inc (NASDAQ:SRAX) was upgraded by investment analysts at ValuEngine from a “strong sell” rating to a “sell” rating in a report released on Tuesday, October 17th.

Several other equities analysts have also recently issued reports on the company. Chardan Capital restated a “buy” rating on shares of Social Reality in a research note on Tuesday, September 26th. Zacks Investment Research cut Social Reality from a “buy” rating to a “hold” rating in a research note on Saturday, August 19th.

Shares of Social Reality (SRAX) traded up 7.40% during midday trading on Tuesday, hitting $4.50. 2,184,317 shares of the stock traded hands. The stock has a 50-day moving average of $2.48 and a 200-day moving average of $1.75. The company’s market cap is $36.11 million. Social Reality has a 52-week low of $1.11 and a 52-week high of $7.00.

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Social Reality Company Profile

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.

To view ValuEngine’s full report, visit ValuEngine’s official website.

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