Social Reality (SRAX) Upgraded by ValuEngine to “Buy”

ValuEngine upgraded shares of Social Reality (NASDAQ:SRAX) from a hold rating to a buy rating in a research report released on Thursday, April 11th, ValuEngine reports.

Shares of SRAX opened at $4.84 on Thursday. The firm has a market capitalization of $56.70 million, a price-to-earnings ratio of 3.21 and a beta of 3.23. Social Reality has a fifty-two week low of $1.55 and a fifty-two week high of $6.00.

Several hedge funds and other institutional investors have recently made changes to their positions in SRAX. Dimensional Fund Advisors LP purchased a new stake in shares of Social Reality during the 3rd quarter valued at $200,000. LPL Financial LLC purchased a new stake in Social Reality during the 3rd quarter worth $103,000. Jane Street Group LLC purchased a new stake in Social Reality during the 3rd quarter worth $125,000. Bank of New York Mellon Corp purchased a new stake in Social Reality during the 4th quarter worth $26,000. Finally, Virtu Financial LLC purchased a new stake in Social Reality during the 1st quarter worth $63,000. 5.39% of the stock is owned by institutional investors.

About Social Reality

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.

Recommended Story: What Is An Exchange-Traded Fund (ETF)?

To view ValuEngine’s full report, visit ValuEngine’s official website.

Receive News & Ratings for Social Reality Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Social Reality and related companies with MarketBeat.com's FREE daily email newsletter.