TROOPS (NASDAQ:TROO) Shares Up 10.1% – Still a Buy?

Shares of TROOPS, Inc. (NASDAQ:TROO) traded up 10.1% during mid-day trading on Monday . The stock traded as high as $4.98 and last traded at $5.1190. 114,637 shares were traded during trading, a decline of 80% from the average session volume of 585,357 shares. The stock had previously closed at $4.65.

Analysts Set New Price Targets

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of TROOPS in a report on Wednesday, October 8th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock presently has a consensus rating of “Sell”.

TROOPS Trading Down 12.1%

The firm has a fifty day moving average price of $2.09 and a 200-day moving average price of $1.43.

TROOPS (NASDAQ:TROO) last announced its quarterly earnings data on Friday, October 17th. The company reported $0.00 earnings per share (EPS) for the quarter. The firm had revenue of $3.81 million for the quarter.

TROOPS Company Profile

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.