Shares of Social Reality Inc. (NASDAQ:SRAX) saw unusually-strong trading volume on Monday . Approximately 2,855,811 shares changed hands during trading, an increase of 879% from the previous session’s volume of 291,749 shares.The stock last traded at $3.28 and had previously closed at $2.37.
A number of equities analysts recently commented on SRAX shares. Zacks Investment Research raised Social Reality from a “sell” rating to a “buy” rating and set a $1.50 price target for the company in a research note on Friday, July 21st. Chardan Capital reissued a “buy” rating and set a $5.00 price target (down from $9.00) on shares of Social Reality in a research note on Monday, July 17th.
The company’s 50-day moving average price is $1.76 and its 200 day moving average price is $1.63. The stock’s market capitalization is $23.59 million.
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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.
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