We recently compiled a list of the 10 Micro and Small-Cap Firms Drive Year-to-Date Gains. In this article, we are going to take a look at where Society Pass Incorporated (NASDAQ:SOPA) stands against the other micro and small-cap stocks.

Nine micro-cap companies and one small-cap firm have been the standout performers on the stock market year-to-date, having registered whopping gains between 200 to 1,200 percent since the start of the year.

The list was based on the firms’ share price data from the companies’ closing prices on December 31—the last trading day of 2024—to February 14, 2025.

We classify micro-cap companies as those with a market capitalization below $300 million, and small-cap firms as those with a market capitalization below $1 billion.

A modern fintech office space, its sleek lines and bright colors highlighting the cutting-edge focus of the digital banking technology.

Society Pass Incorporated (NASDAQ:SOPA)

Society Pass Incorporated (NASDAQ:SOPA) saw its share prices soar by 326 percent year-to-date, ending Friday’s trading at $3.83 versus the $0.8980 registered on December 31.

For this year alone, Society Pass Incorporated (NASDAQ:SOPA)—a company with a market capitalization of $13.76 million—hit its highest price of $5.73 on February 11, representing a 538-percent increase from 2024’s last trading day.

Investor sentiment was fueled by a report from Zack Research naming the company as one of the three worth-buying stocks to consider this month for having strong momentum characteristics. Society Pass Incorporated (NASDAQ:SOPA) currently holds a “strong buy” rating from Zack Research.

In recent news, the company amended its existing sales agreement with Ascendiant Capital Markets, allowing for an increased sale of common stock to up to $3.37 million.

Under the terms, Society Pass Incorporated (NASDAQ:SOPA) may offer and sell its common stock through Ascendiant Capital Markets from time to time to potentially bolster its capital through the sale of shares.

Overall SOPA ranks 2nd on our list of the top micro and small-cap firms this year so far. While we acknowledge the potential of SOPA as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter timeframe. If you are looking for an AI stock that is more promising than SOPA but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

 

READ NEXT: 20 Best AI Stocks To Buy Now and Complete List of 59 AI Companies Under $2 Billion in Market Cap.

 

Disclosure: None. This article is originally published at Insider Monkey.