TROOPS (NASDAQ:TROO) Trading Down 0.9% – Here’s Why

Posted by Geri Gentry on Sep 12th, 2026

TROOPS, Inc. (NASDAQ:TROO – Get Free Report) was down 0.9% during trading on Friday . The company traded as low as $2.08 and last traded at $2.09. 290,512 shares traded hands during mid-day trading, a decline of 13% from the average session volume of 333,623 shares. The stock had previously closed at $2.11.

Analysts Set New Price Targets

Separately, Weiss Ratings cut TROOPS from a “sell (d-)” rating to a “sell (e+)” rating in a report on Friday, August 14th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock currently has an average rating of “Sell”.

Get Our Latest Stock Report on TROOPS

TROOPS Stock Performance

The stock’s fifty day moving average is $2.03 and its 200-day moving average is $2.65.

Hedge Funds Weigh In On TROOPS

A hedge fund recently bought a new stake in TROOPS stock. Goldman Sachs Group Inc. acquired a new stake in TROOPS, Inc. (NASDAQ:TROO – Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 22,613 shares of the company’s stock, valued at approximately $72,000.

TROOPS Company Profile

(Get Free Report)

TROOPS, Inc, together with its subsidiaries, engages in the money lending business in Hong Kong and Australia. The company provides mortgage, personal, and corporate loans; operates online financial marketplace through a platform for money lending, system integration, and consultation services; and invests in real estate properties in Hong Kong. It also offers fintech and IT support services, which includes artificial intelligence, big data and blockchain technology, machine learning, fingerprint ID, facial recognition, and cloud computing, and GFS strives; and engages in property leasing and management services.