BUUU Group Limited’s Lock-Up Period Set To End Tomorrow (NASDAQ:BUUU)

BUUU Group’s (NASDAQ:BUUU) lock-up period will end on Tuesday, February 10th. BUUU Group had issued 1,500,000 shares in its IPO on August 14th. The total size of the offering was $6,000,000 based on an initial share price of $4.00. After the expiration of BUUU Group’s lock-up period, company insiders and major shareholders will be able to sell their shares of the company.

Analysts Set New Price Targets

Separately, Weiss Ratings reaffirmed a “sell (e)” rating on shares of BUUU Group in a report on Monday, December 29th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, the company presently has a consensus rating of “Sell”.

BUUU Group Stock Performance

Shares of BUUU Group stock opened at $9.59 on Monday. The company’s 50 day moving average is $8.14. BUUU Group has a 12-month low of $3.67 and a 12-month high of $20.76. The company has a current ratio of 1.61, a quick ratio of 1.61 and a debt-to-equity ratio of 0.02.

BUUU Group Company Profile

Established in 2017, we have rapidly grown into a premier Meetings, Incentives, Conferences, and Exhibitions (“MICE”) solutions provider based in Hong Kong. Our comprehensive marketing service portfolio is designed to meet the diverse needs of our clients, spanning across two core areas: (i) event management and (ii) stage production. (a) Event management services In the realm of event management, our operating subsidiary, BU Creation, excels as creative planners and meticulous executors. We curate and manage a wide spectrum of events, including cultural, artistic, recreational, and corporate promotions.