Aureus Greenway’s (AGH) Sell (E) Rating Reiterated at Weiss Ratings

Weiss Ratings reiterated their sell (e) rating on shares of Aureus Greenway (NASDAQ:AGH) in a research note released on Wednesday,Weiss Ratings reports.

Separately, Wall Street Zen upgraded Aureus Greenway to a “sell” rating in a research note on Friday, September 5th. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock has a consensus rating of “Sell”.

Aureus Greenway Trading Down 5.4%

Shares of AGH stock opened at $3.51 on Wednesday. Aureus Greenway has a 1-year low of $0.52 and a 1-year high of $7.22. The company has a market capitalization of $51.28 million and a price-to-earnings ratio of -87.75. The stock’s fifty day simple moving average is $3.50 and its 200-day simple moving average is $1.70.

Aureus Greenway (NASDAQ:AGH) last issued its quarterly earnings results on Thursday, August 14th. The company reported ($0.02) earnings per share for the quarter. Aureus Greenway had a negative net margin of 15.43% and a negative return on equity of 7.61%. The business had revenue of $0.60 million for the quarter.

Insider Transactions at Aureus Greenway

In other news, CEO Chiping Cheung sold 6,000,000 shares of the company’s stock in a transaction dated Friday, July 25th. The stock was sold at an average price of $0.33, for a total transaction of $1,980,000.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, major shareholder Chrome Fields Asset Management sold 6,000,000 shares of the company’s stock in a transaction dated Friday, July 25th. The stock was sold at an average price of $0.33, for a total value of $1,980,000.00. The disclosure for this sale can be found here. Over the last three months, insiders have sold 26,000,000 shares of company stock worth $8,020,000. 38.60% of the stock is owned by company insiders.

Aureus Greenway Company Profile

We own and operate two public golf country clubs in Florida that each features a golf-club, consisting of over 289 acres of multi-service recreational property. Our golf country clubs include two golf-courses with over 13,000 yards of combined fairways, clubhouses boasting food and beverage options, aquatic golf ranges, and pro shops to assist any level of golfer.