Social Reality Inc. (SRAX) Sees Unusually-High Trading Volume
Shares of Social Reality Inc. (NASDAQ:SRAX) saw an uptick in trading volume on Monday . 5,222,094 shares changed hands during trading, an increase of 9,462% from the previous session’s volume of 54,612 shares.The stock last traded at $2.88 and had previously closed at $2.50.
SRAX has been the subject of several research analyst reports. Chardan Capital reiterated a “buy” rating on shares of Social Reality in a research report on Tuesday, September 26th. Zacks Investment Research raised Social Reality from a “sell” rating to a “buy” rating and set a $1.50 price objective on the stock in a research note on Friday, July 21st.
The firm’s market capitalization is $22.63 million. The stock’s 50-day moving average price is $1.57 and its 200-day moving average price is $1.60.
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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