Greenpro Capital (NASDAQ:GRNQ) Shares Down 4.9% – Here’s Why

Greenpro Capital Corp. (NASDAQ:GRNQ) traded down 4.9% on Thursday . The company traded as low as $1.76 and last traded at $1.76. 29,975 shares changed hands during trading, an increase of 50% from the average session volume of 20,026 shares. The stock had previously closed at $1.85.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of Greenpro Capital in a report on Thursday, January 22nd. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, the company has an average rating of “Sell”.

Greenpro Capital Trading Down 0.6%

The firm’s 50-day moving average is $1.75 and its 200-day moving average is $1.61. The firm has a market cap of $14.67 million, a price-to-earnings ratio of -10.94 and a beta of 1.57.

Greenpro Capital (NASDAQ:GRNQ) last issued its quarterly earnings data on Thursday, November 13th. The company reported ($0.07) earnings per share (EPS) for the quarter. Greenpro Capital had a negative net margin of 41.16% and a negative return on equity of 25.31%. The business had revenue of $0.39 million for the quarter.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Greenpro Capital stock. Susquehanna International Group LLP purchased a new position in shares of Greenpro Capital Corp. (NASDAQ:GRNQ) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 24,954 shares of the company’s stock, valued at approximately $34,000. Susquehanna International Group LLP owned approximately 0.30% of Greenpro Capital at the end of the most recent quarter. Hedge funds and other 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.