Traders Buy High Volume of Procap Financial Call Options (NASDAQ:BRR)

Procap Financial, Inc. (NASDAQ:BRRGet Free Report) was the target of some unusual options trading on Thursday. Stock traders acquired 14,702 call options on the stock. This is an increase of 1,287% compared to the average volume of 1,060 call options.

Procap Financial Stock Up 32.4%

Procap Financial stock traded up $0.53 during midday trading on Thursday, hitting $2.15. 5,218,267 shares of the company were exchanged, compared to its average volume of 818,224. The company’s fifty day moving average price is $2.00 and its 200-day moving average price is $5.51. The company has a market cap of $194.28 million and a PE ratio of -1.63. The company has a debt-to-equity ratio of 0.30, a current ratio of 13.02 and a quick ratio of 13.02. Procap Financial has a fifty-two week low of $1.48 and a fifty-two week high of $16.25.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on the company. Wall Street Zen lowered Procap Financial from a “hold” rating to a “sell” rating in a research report on Sunday, April 12th. Weiss Ratings assumed coverage on Procap Financial in a research report on Wednesday, May 20th. They set a “sell (d-)” rating on the stock. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company has a consensus rating of “Sell”.

Check Out Our Latest Research Report on Procap Financial

About Procap Financial

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ProCap Financial, Inc operates as a bitcoin-native financial services company. The company is based in New York, New York.

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