Roma Green Finance (NASDAQ:ROMA) Shares Gap Up – Time to Buy?

Roma Green Finance Limited (NASDAQ:ROMA) gapped up prior to trading on Wednesday . The stock had previously closed at $9.09, but opened at $9.83. Roma Green Finance shares last traded at $9.65, with a volume of 2,202 shares traded.

Analyst Ratings Changes

Several equities research analysts have commented on the stock. Weiss Ratings restated a “sell (e+)” rating on shares of Roma Green Finance in a research note on Friday, July 17th. Wall Street Zen upgraded Roma Green Finance to a “hold” rating in a research report on Saturday, April 4th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Roma Green Finance has a consensus rating of “Sell”.

Roma Green Finance Trading Down 0.7%

The business has a fifty day moving average price of $7.98 and a 200 day moving average price of $5.45.

Roma Green Finance announced that its board has authorized a stock repurchase program on Monday, March 30th that authorizes the company to repurchase $0.00 in shares. This repurchase authorization authorizes the financial services provider to reacquire shares of its stock through open market purchases. Shares repurchase programs are usually a sign that the company’s leadership believes its stock is undervalued.

About Roma Green Finance

Roma Green Finance Limited, through its subsidiaries, provides environmental, social, and governance (ESG); sustainability; and climate change related advisory services in Hong Kong and Singapore. It also offers sustainability program development, ESG reporting, corporate governance and risk management, climate change strategies and solutions, environmental audit, ESG rating support and shareholder communication, and education and training services. The company was founded in 2018 and is based in Wan Chai, Hong Kong.