Social Reality (SRAX) Rating Lowered to Hold at ValuEngine

ValuEngine lowered shares of Social Reality (NASDAQ:SRAX) from a buy rating to a hold rating in a research note published on Wednesday morning, ValuEngine reports.

Separately, TheStreet raised shares of Social Reality from a d+ rating to a c- rating in a report on Wednesday, April 17th.

Shares of Social Reality stock opened at $5.11 on Wednesday. Social Reality has a 1 year low of $1.55 and a 1 year high of $6.00. The firm has a market cap of $51.53 million, a P/E ratio of 3.38 and a beta of 3.24.

Social Reality (NASDAQ:SRAX) last issued its earnings results on Wednesday, April 17th. The business services provider reported ($0.94) earnings per share (EPS) for the quarter. Social Reality had a return on equity of 24.88% and a net margin of 32.55%. The business had revenue of $1.06 million for the quarter. As a group, analysts forecast that Social Reality will post -0.53 EPS for the current year.

Institutional investors have recently modified their holdings of the stock. Bank of New York Mellon Corp purchased a new position in shares of Social Reality during the fourth quarter worth $26,000. Virtu Financial LLC purchased a new position in shares of Social Reality during the first quarter worth $63,000. LPL Financial LLC purchased a new position in shares of Social Reality during the third quarter worth $103,000. Jane Street Group LLC purchased a new position in shares of Social Reality during the third quarter worth $125,000. Finally, Dimensional Fund Advisors LP purchased a new position in shares of Social Reality during the third quarter worth $200,000. 5.39% of the stock is owned by hedge funds and other institutional investors.

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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