Roma Green Finance (NASDAQ:ROMA) to Repurchase $0.00 in Outstanding Stock

Roma Green Finance (NASDAQ:ROMA) declared that its Board of Directors has initiated a stock repurchase plan on Monday, March 30th, RTT News reports. The company plans to buyback $0.00 in outstanding shares. This buyback authorization permits the financial services provider to reacquire shares of its stock through open market purchases. Shares buyback plans are usually a sign that the company’s leadership believes its stock is undervalued.

Roma Green Finance Price Performance

ROMA stock opened at $4.28 on Thursday. Roma Green Finance has a twelve month low of $0.72 and a twelve month high of $11.77. The business’s fifty day moving average is $3.59 and its 200-day moving average is $2.88.

Roma Green Finance (NASDAQ:ROMA) last announced its quarterly earnings data on Tuesday, December 23rd. The financial services provider reported ($0.02) EPS for the quarter. The company had revenue of $0.24 million during the quarter.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Roma Green Finance in a research report on Thursday, January 22nd. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, Roma Green Finance presently has a consensus rating of “Sell”.

About Roma Green Finance

Roma Green Finance Limited, through its subsidiaries, provides environmental, social, and governance (ESG); sustainability; and climate change related advisory services in Hong Kong and Singapore. It also offers sustainability program development, ESG reporting, corporate governance and risk management, climate change strategies and solutions, environmental audit, ESG rating support and shareholder communication, and education and training services. The company was founded in 2018 and is based in Wan Chai, Hong Kong.