Social Reality (NASDAQ:SRAX) Upgraded to Buy by ValuEngine

Social Reality (NASDAQ:SRAX) was upgraded by research analysts at ValuEngine from a “hold” rating to a “buy” rating in a note issued to investors on Tuesday, ValuEngine reports.

Separately, TheStreet downgraded shares of Social Reality from a “c-” rating to a “d+” rating in a research note on Monday, August 12th.

Social Reality stock traded down $0.11 during midday trading on Tuesday, hitting $2.94. 38,702 shares of the stock were exchanged, compared to its average volume of 184,130. Social Reality has a 1 year low of $1.55 and a 1 year high of $5.85. The firm has a market cap of $37.14 million, a P/E ratio of 1.98 and a beta of 2.97. The company has a debt-to-equity ratio of 0.03, a current ratio of 0.32 and a quick ratio of 0.32. The company has a 50 day moving average price of $3.49 and a two-hundred day moving average price of $4.04.



Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Vanguard Group Inc. increased its position in shares of Social Reality by 30.0% in the 2nd quarter. Vanguard Group Inc. now owns 312,153 shares of the business services provider’s stock worth $1,455,000 after purchasing an additional 72,108 shares during the last quarter. NewFocus Financial Group LLC bought a new stake in shares of Social Reality in the 2nd quarter worth about $233,000. BlackRock Inc. increased its position in shares of Social Reality by 40.8% in the 2nd quarter. BlackRock Inc. now owns 32,113 shares of the business services provider’s stock worth $150,000 after purchasing an additional 9,306 shares during the last quarter. Northern Trust Corp bought a new stake in shares of Social Reality in the 2nd quarter worth about $129,000. Finally, CAPROCK Group Inc. bought a new stake in shares of Social Reality in the 2nd quarter worth about $93,000. 5.99% of the stock is owned by institutional investors.

About Social Reality

Social Reality, Inc, a digital marketing and data management platform company, provides tools to reach and reveal audiences in the United States. The company's machine-learning technology analyzes marketing data to identify brands and content owners' core consumers and their characteristics across marketing channels.

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

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