Society Pass’ (SOPA) Hold Rating Reiterated at Maxim Group

Society Pass (NASDAQ:SOPA)‘s stock had its “hold” rating reissued by equities researchers at Maxim Group in a research report issued on Wednesday, Benzinga reports.

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

Society Pass Trading Up 1.5 %

Shares of SOPA traded up $0.00 during mid-day trading on Wednesday, reaching $0.12. The company’s stock had a trading volume of 107,468 shares, compared to its average volume of 434,843. The stock has a market cap of $4.07 million, a PE ratio of -0.19 and a beta of 1.19. Society Pass has a 52 week low of $0.10 and a 52 week high of $1.16. The company’s fifty day moving average price is $0.17 and its two-hundred day moving average price is $0.24.

Institutional Investors Weigh In On Society Pass

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Virtu Financial LLC raised its holdings in Society Pass by 296.0% during the 4th quarter. Virtu Financial LLC now owns 95,246 shares of the company’s stock valued at $29,000 after buying an additional 71,193 shares during the last quarter. Citadel Advisors LLC increased its position in Society Pass by 315.2% during the 4th quarter. Citadel Advisors LLC now owns 126,739 shares of the company’s stock valued at $39,000 after purchasing an additional 96,215 shares during the period. FMR LLC increased its position in Society Pass by 1,478.4% during the 2nd quarter. FMR LLC now owns 22,098 shares of the company’s stock valued at $43,000 after purchasing an additional 20,698 shares during the period. Northern Trust Corp purchased a new position in Society Pass during the 1st quarter valued at $54,000. Finally, Bank of New York Mellon Corp purchased a new position in Society Pass during the 1st quarter valued at $54,000. 3.09% of the stock is currently owned by institutional investors.

About Society Pass

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.