Social Reality (SRAX) Receiving Somewhat Positive Media Coverage, Report Shows
Headlines about Social Reality (NASDAQ:SRAX) have been trending somewhat positive recently, Accern Sentiment reports. The research firm identifies positive and negative media coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Social Reality earned a media sentiment score of 0.11 on Accern’s scale. Accern also gave media headlines about the business services provider an impact score of 45.9942734680275 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
A number of equities analysts have weighed in on the company. Zacks Investment Research raised Social Reality from a “hold” rating to a “buy” rating and set a $1.75 price target on the stock in a research report on Wednesday, August 16th. Chardan Capital reissued a “buy” rating and set a $5.00 price target (down previously from $9.00) on shares of Social Reality in a research report on Monday, July 17th.
Shares of Social Reality (NASDAQ:SRAX) traded down 12.204% during trading on Tuesday, reaching $2.151. The company’s stock had a trading volume of 1,001,480 shares. Social Reality has a 12 month low of $1.11 and a 12 month high of $8.95. The stock’s 50 day moving average price is $1.37 and its 200-day moving average price is $1.61. The firm’s market cap is $17.26 million.
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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