Shares of Social Reality Inc (NASDAQ:SRAX) were up 4.2% during trading on Wednesday . The stock traded as high as $5.80 and last traded at $5.48. Approximately 1,069,419 shares were traded during mid-day trading, an increase of 90% from the average daily volume of 561,557 shares. The stock had previously closed at $5.26.
Several analysts recently commented on SRAX shares. Zacks Investment Research lowered Social Reality from a “buy” rating to a “hold” rating in a report on Wednesday, October 18th. ValuEngine raised Social Reality from a “strong sell” rating to a “sell” rating in a report on Tuesday, October 17th. Finally, Chardan Capital reaffirmed a “buy” rating on shares of Social Reality in a report on Tuesday, September 26th.
The company has a debt-to-equity ratio of 0.49, a current ratio of 0.42 and a quick ratio of 0.42. The firm has a market cap of $47.47, a price-to-earnings ratio of -5.43 and a beta of 1.93.
About Social Reality
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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