Social Reality Inc. (NASDAQ:SRAX) posted its quarterly earnings data on Tuesday. The business services provider reported ($0.09) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.04) by $0.05, reports. Social Reality had a negative return on equity of 63.03% and a negative net margin of 10.87%.

Social Reality (NASDAQ SRAX) opened at 1.48 on Tuesday. Social Reality has a 12-month low of $1.14 and a 12-month high of $8.95. The company’s market capitalization is $11.88 million. The company’s 50 day moving average price is $1.35 and its 200-day moving average price is $1.89.

SRAX has been the subject of a number of research reports. Zacks Investment Research upgraded Social Reality from a “sell” rating to a “buy” rating and set a $1.50 price objective for the company in a report on Friday, July 21st. Chardan Capital reiterated a “buy” rating and set a $5.00 price objective (down from $9.00) on shares of Social Reality in a report on Monday, July 17th.

TRADEMARK VIOLATION WARNING: This piece of content was first posted by American Banking News and is owned by of American Banking News. If you are accessing this piece of content on another site, it was illegally copied and reposted in violation of U.S. and international trademark and copyright legislation. The correct version of this piece of content can be accessed at https://www.americanbankingnews.com/2017/08/15/social-reality-inc-nasdaqsrax-releases-earnings-results-misses-estimates-by-0-05-eps.html.

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.

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