Greenpro Capital (NASDAQ:GRNQ) CEO Chong Kuang Lee Purchases 28,949 Shares of Stock

Greenpro Capital Corp. (NASDAQ:GRNQ) CEO Chong Kuang Lee bought 28,949 shares of Greenpro Capital stock in a transaction dated Friday, May 29th. The stock was acquired at an average price of $1.73 per share, with a total value of $50,081.77. Following the acquisition, the chief executive officer directly owned 1,875,293 shares of the company’s stock, valued at approximately $3,244,256.89. This represents a 1.57% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.

Chong Kuang Lee also recently made the following trade(s):

• On Tuesday, April 28th, Chong Kuang Lee bought 107,310 shares of Greenpro Capital stock. The stock was acquired at an average price of $2.33 per share, with a total value of $250,032.30.

Greenpro Capital Stock Up 23.6%

GRNQ opened at $1.78 on Wednesday. The stock has a fifty day moving average of $2.25 and a 200-day moving average of $1.93. The firm has a market capitalization of $32.09 million, a P/E ratio of -4.56 and a beta of 0.96. Greenpro Capital Corp. has a 12-month low of $1.06 and a 12-month high of $3.18.

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

Hedge Funds Weigh In On Greenpro Capital

Institutional investors have recently bought and sold shares of the stock. DRW Securities LLC bought a new position in Greenpro Capital during the fourth quarter valued at about $30,000. Susquehanna International Group LLP bought a new position in Greenpro Capital during the third quarter valued at about $34,000. Finally, Geode Capital Management LLC raised its holdings in Greenpro Capital by 7.7% during the fourth quarter. Geode Capital Management LLC now owns 78,961 shares of the company’s stock valued at $143,000 after buying an additional 5,656 shares in the last quarter. 0.87% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of Greenpro Capital in a report on Tuesday, April 21st. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company presently has an average rating of “Sell”.

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.