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

ValuEngine upgraded shares of Social Reality (NASDAQ:SRAX) from a hold rating to a buy rating in a report issued on Monday morning, ValuEngine reports.

Shares of NASDAQ SRAX traded down $0.07 during trading on Monday, hitting $2.30. 12,406 shares of the company were exchanged, compared to its average volume of 109,278. Social Reality has a 12-month low of $1.05 and a 12-month high of $5.85. The company has a quick ratio of 0.80, a current ratio of 0.80 and a debt-to-equity ratio of 0.02. The company has a fifty day moving average price of $1.68 and a 200-day moving average price of $2.67.

Social Reality (NASDAQ:SRAX) last announced its quarterly earnings data on Thursday, November 14th. The business services provider reported ($0.34) earnings per share (EPS) for the quarter. Social Reality had a negative net margin of 618.32% and a negative return on equity of 227.60%. The firm had revenue of $1.00 million during the quarter.

A number of large investors have recently bought and sold shares of the business. Vanguard Group Inc. grew its stake 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 valued at $1,455,000 after buying an additional 72,108 shares during the period. BlackRock Inc. lifted its holdings in Social Reality by 40.8% in the second quarter. BlackRock Inc. now owns 32,113 shares of the business services provider’s stock valued at $150,000 after acquiring an additional 9,306 shares during the last quarter. Finally, Northern Trust Corp acquired a new position in Social Reality in the second quarter valued at approximately $129,000. Institutional investors own 11.14% of the company’s stock.

Social Reality Company Profile

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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