TROOPS (NASDAQ:TROO) Shares Down 3.4% – Here’s Why

Posted by Geri Gentry on Oct 3rd, 2026

TROOPS, Inc. (NASDAQ:TROO – Get Free Report)’s share price traded down 3.4% during trading on Friday. The company traded as low as $1.70 and last traded at $1.72. Approximately 70,968 shares were traded during mid-day trading, a decline of 72% from the average session volume of 251,226 shares. The stock had previously closed at $1.78.

Analysts Set New Price Targets

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

Check Out Our Latest Analysis on TROO

TROOPS Stock Performance

The stock’s 50-day moving average price is $1.98 and its 200-day moving average price is $2.55.

TROOPS Company Profile

(Get Free Report)

TROOPS, Inc (NASDAQ:TROO) is an investment holding company that provides financial services primarily in Hong Kong. Its activities include securities brokerage, margin financing, underwriting and placing services, corporate finance advisory, and asset management.

The company also has interests in property investment. TROOPS conducts its business through subsidiaries and has historically focused its operations in the Hong Kong market.

The company was formerly known as SGOCO Group, Ltd.