Roma Green Finance (NASDAQ:ROMA) Shares Gap Up – Still a Buy?

Roma Green Finance Limited (NASDAQ:ROMAGet Free Report) gapped up prior to trading on Wednesday . The stock had previously closed at $9.09, but opened at $9.83. Roma Green Finance shares last traded at $9.65, with a volume of 2,202 shares trading hands.

Analysts Set New Price Targets

Several analysts have commented on ROMA shares. Weiss Ratings reiterated a “sell (e+)” rating on shares of Roma Green Finance in a research note on Friday. Wall Street Zen raised Roma Green Finance to a “hold” rating in a report on Saturday, April 4th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, Roma Green Finance has a consensus rating of “Sell”.

Read Our Latest Stock Analysis on ROMA

Roma Green Finance Trading Up 0.3%

The company has a fifty day moving average price of $7.96 and a 200-day moving average price of $5.35.

Roma Green Finance announced that its board has initiated a share buyback plan on Monday, March 30th that allows the company to buyback $0.00 in outstanding shares. This buyback authorization allows the financial services provider to reacquire shares of its stock through open market purchases. Shares buyback plans are typically an indication that the company’s leadership believes its shares are undervalued.

About Roma Green Finance

(Get Free Report)

Roma Green Finance Limited, through its subsidiaries, provides environmental, social, and governance (ESG); sustainability; and climate change related advisory services in Hong Kong and Singapore. It also offers sustainability program development, ESG reporting, corporate governance and risk management, climate change strategies and solutions, environmental audit, ESG rating support and shareholder communication, and education and training services. The company was founded in 2018 and is based in Wan Chai, Hong Kong.

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