Greenpro Capital (NASDAQ:GRNQ) Stock Price Down 1.2% – What’s Next?

Greenpro Capital Corp. (NASDAQ:GRNQ) fell 1.2% on Tuesday . The stock traded as low as $1.54 and last traded at $1.5406. 13,241 shares changed hands during trading, a decline of 72% from the average daily volume of 47,499 shares. The stock had previously closed at $1.56.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of Greenpro Capital in a research report on Tuesday, April 21st. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Greenpro Capital presently has a consensus rating of “Sell”.

Greenpro Capital Trading Down 1.2%

The stock has a fifty day simple moving average of $1.89 and a two-hundred day simple moving average of $1.92. The firm has a market cap of $27.78 million, a PE ratio of -3.95 and a beta of 0.96.

Greenpro Capital (NASDAQ:GRNQ) last posted its earnings results on Friday, May 8th. The company reported ($0.10) earnings per share for the quarter. The firm had revenue of $0.41 million for the quarter. Greenpro Capital had a negative return on equity of 31.13% and a negative net margin of 153.32%.

Insider Buying and Selling at Greenpro Capital

In related news, CEO Chong Kuang Lee acquired 107,310 shares of the firm’s stock in a transaction that occurred on Tuesday, April 28th. The shares were bought at an average cost of $2.33 per share, for a total transaction of $250,032.30. Following the completion of the transaction, the chief executive officer owned 1,846,344 shares in the company, valued at approximately $4,301,981.52. This trade represents a 6.17% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 39.67% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in GRNQ. DRW Securities LLC purchased a new position in shares of Greenpro Capital during the 4th quarter valued at about $30,000. Geode Capital Management LLC grew its holdings in shares of Greenpro Capital by 7.7% during the 4th quarter. Geode Capital Management LLC now owns 78,961 shares of the company’s stock valued at $143,000 after purchasing an additional 5,656 shares during the last quarter. Finally, Susquehanna International Group LLP purchased a new position in Greenpro Capital in the 3rd quarter worth $34,000. Institutional investors own 0.87% of the company’s stock.

Greenpro Capital Company Profile

Greenpro Capital Corp. provides financial consulting and corporate advisory services to small and medium-size businesses primarily in Hong Kong, Malaysia, and China. It operates in two segments, Service Business and Real Estate Business. The company offers business consulting and corporate advisory services, including cross-border listing advisory, tax planning, bookkeeping, advisory and transaction, record management, and accounting outsourcing services; and venture capital related education and support services.