Social Reality (NASDAQ:SRAX) Downgraded by TheStreet to “D+”

TheStreet downgraded shares of Social Reality (NASDAQ:SRAX) from a c- rating to a d+ rating in a report released on Monday morning, TheStreetRatingsTable reports.

Separately, ValuEngine cut shares of Social Reality from a buy rating to a hold rating in a report on Wednesday, July 17th.

SRAX stock opened at $3.41 on Monday. The company has a quick ratio of 0.13, a current ratio of 0.13 and a debt-to-equity ratio of 0.04. Social Reality has a twelve month low of $1.55 and a twelve month high of $5.85. The stock has a market capitalization of $42.41 million, a price-to-earnings ratio of 2.26 and a beta of 2.92. The firm’s fifty day simple moving average is $4.31 and its two-hundred day simple moving average is $4.10.

Social Reality (NASDAQ:SRAX) last posted its quarterly earnings data on Wednesday, May 15th. The business services provider reported ($0.56) earnings per share for the quarter. The firm had revenue of $0.59 million for the quarter. Social Reality had a net margin of 12.45% and a return on equity of 12.83%.

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Vanguard Group Inc. grew its holdings in shares of Social Reality by 30.0% in the second 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. Jane Street Group LLC grew its holdings in shares of Social Reality by 135.9% in the fourth quarter. Jane Street Group LLC now owns 79,184 shares of the business services provider’s stock worth $162,000 after purchasing an additional 45,615 shares during the last quarter. NewFocus Financial Group LLC bought a new position in shares of Social Reality in the second quarter worth about $233,000. BlackRock Inc. grew its holdings in shares of Social Reality by 40.8% in the second 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. Finally, Northern Trust Corp bought a new position in shares of Social Reality in the second quarter worth about $129,000. Hedge funds and other institutional investors own 4.62% 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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