Procap Financial (NASDAQ:BRR) CIO Jeffrey Jin Hyung Park Sells 21,140 Shares

Procap Financial, Inc. (NASDAQ:BRR) CIO Jeffrey Jin Hyung Park sold 21,140 shares of Procap Financial stock in a transaction dated Monday, May 26th. The shares were sold at an average price of $1.60, for a total transaction of $33,824.00. Following the sale, the executive owned 691,824 shares of the company’s stock, valued at $1,106,918.40. The trade was a 2.97% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Procap Financial Trading Up 8.0%

BRR traded up $0.12 on Wednesday, reaching $1.62. 1,014,093 shares of the company traded hands, compared to its average volume of 781,726. Procap Financial, Inc. has a one year low of $1.48 and a one year high of $16.25. The firm has a fifty day simple moving average of $2.03 and a two-hundred day simple moving average of $5.55. The company has a market cap of $146.72 million and a P/E ratio of -1.25. The company has a quick ratio of 13.02, a current ratio of 13.02 and a debt-to-equity ratio of 0.30.

Analyst Upgrades and Downgrades

A number of research analysts have commented on the stock. Wall Street Zen downgraded shares of Procap Financial from a “hold” rating to a “sell” rating in a research report on Sunday, April 12th. Weiss Ratings assumed coverage on shares of Procap Financial in a research report on Wednesday, May 20th. They set a “sell (d-)” rating on the stock. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock presently has an average rating of “Sell”.

Procap Financial Company Profile

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