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

Greenpro Capital Corp. (NASDAQ:GRNQ) CEO Chong Kuang Lee acquired 28,949 shares of the company’s stock in a transaction that occurred on Friday, May 29th. The stock was purchased at an average price of $1.73 per share, for a total transaction of $50,081.77. Following the purchase, the chief executive officer owned 1,875,293 shares of the company’s stock, valued at $3,244,256.89. The trade was a 1.57% increase in their position. The purchase was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

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

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

Greenpro Capital Trading Down 4.2%

Greenpro Capital stock opened at $1.71 on Thursday. Greenpro Capital Corp. has a 12 month low of $1.10 and a 12 month high of $3.18. The business’s 50 day simple moving average is $2.23 and its 200 day simple moving average is $1.93. The company has a market cap of $30.74 million, a price-to-earnings ratio of -4.37 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 (EPS) for the quarter. The company 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%.

Institutional Investors Weigh In On Greenpro Capital

A number of institutional investors and hedge funds have recently made changes to their positions in GRNQ. DRW Securities LLC purchased a new stake in shares of Greenpro Capital in the fourth quarter worth $30,000. Susquehanna International Group LLP purchased a new stake in shares of Greenpro Capital in the third quarter worth $34,000. Finally, Geode Capital Management LLC raised its position in shares of Greenpro Capital by 7.7% in the fourth quarter. Geode Capital Management LLC now owns 78,961 shares of the company’s stock worth $143,000 after buying an additional 5,656 shares in the last quarter. Hedge funds and other institutional investors own 0.87% of the company’s stock.

Analysts Set New Price Targets

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