Shares of Greenpro Capital Corp. (NASDAQ:GRNQ – Get Free Report) fell 1.2% during trading on Tuesday . The company traded as low as $1.54 and last traded at $1.5406. Approximately 13,241 shares traded hands during trading, a decline of 72% from the average session volume of 47,499 shares. The stock had previously closed at $1.56.
Wall Street Analysts Forecast Growth
Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Greenpro Capital in a research report on Tuesday, April 21st. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, Greenpro Capital presently has a consensus rating of “Sell”.
Check Out Our Latest Analysis on GRNQ
Greenpro Capital Stock Up 1.9%
Greenpro Capital (NASDAQ:GRNQ – Get Free Report) last posted its quarterly earnings results on Friday, May 8th. The company reported ($0.10) earnings per share for the quarter. Greenpro Capital had a negative return on equity of 31.13% and a negative net margin of 153.32%.The company had revenue of $0.41 million during the quarter.
Insider Buying and Selling
In related news, CEO Chong Kuang Lee bought 28,949 shares of the company’s stock in a transaction on Friday, May 29th. The shares were acquired at an average cost of $1.73 per share, with a total value of $50,081.77. Following the completion of the acquisition, the chief executive officer owned 1,875,293 shares of the company’s stock, valued at $3,244,256.89. The trade was a 1.57% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 39.67% of the company’s stock.
Hedge Funds Weigh In On Greenpro Capital
Several large investors have recently modified their holdings of the stock. DRW Securities LLC bought a new position in Greenpro Capital in the 4th quarter worth about $30,000. Susquehanna International Group LLP bought a new stake in Greenpro Capital during the 3rd quarter valued at about $34,000. Finally, Geode Capital Management LLC increased its stake in Greenpro Capital by 7.7% during the 4th quarter. Geode Capital Management LLC now owns 78,961 shares of the company’s stock valued at $143,000 after purchasing an additional 5,656 shares in the last quarter. Hedge funds and other institutional investors own 0.87% of the company’s stock.
Greenpro Capital Company Profile
Greenpro Capital Corp. provides financial consulting and corporate advisory services to small and medium-size businesses primarily in Hong Kong, Malaysia, and China. It operates in two segments, Service Business and Real Estate Business. The company offers business consulting and corporate advisory services, including cross-border listing advisory, tax planning, bookkeeping, advisory and transaction, record management, and accounting outsourcing services; and venture capital related education and support services.
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