TROOPS (NASDAQ:TROO) Stock Price Down 4.9% – Here’s What Happened

TROOPS, Inc. (NASDAQ:TROOGet Free Report) fell 4.9% during mid-day trading on Wednesday . The stock traded as low as $1.49 and last traded at $1.4650. 74,012 shares were traded during mid-day trading, an increase of 48% from the average session volume of 50,043 shares. The stock had previously closed at $1.54.

Analysts Set New Price Targets

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of TROOPS in a research note on Wednesday, October 8th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company presently has an average rating of “Sell”.

Check Out Our Latest Research Report on TROO

TROOPS Stock Down 4.9%

The stock has a 50 day moving average of $1.36 and a 200 day moving average of $1.06.

TROOPS (NASDAQ:TROOGet Free Report) last released its quarterly earnings results on Friday, October 17th. The company reported $0.00 earnings per share (EPS) for the quarter. The firm had revenue of $3.81 million for the quarter.

TROOPS Company Profile

(Get Free Report)

TROOPS, Inc, together with its subsidiaries, engages in the money lending business in Hong Kong and Australia. The company provides mortgage, personal, and corporate loans; operates online financial marketplace through a platform for money lending, system integration, and consultation services; and invests in real estate properties in Hong Kong.

Read More

Receive News & Ratings for TROOPS Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TROOPS and related companies with MarketBeat.com's FREE daily email newsletter.