Procap Financial (NASDAQ:BRR) CIO Jeffrey Jin Hyung Park Sells 21,140 Shares

Procap Financial, Inc. (NASDAQ:BRR) CIO Jeffrey Jin Hyung Park sold 21,140 shares of Procap Financial stock in a transaction that occurred on Monday, May 26th. The stock was sold at an average price of $1.60, for a total transaction of $33,824.00. Following the completion of the transaction, the executive directly owned 691,824 shares in the company, valued at approximately $1,106,918.40. The trade was a 2.97% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Procap Financial Stock Up 8.0%

Shares of Procap Financial stock traded up $0.12 on Wednesday, reaching $1.62. The stock had a trading volume of 1,014,093 shares, compared to its average volume of 781,726. The company has a 50 day moving average price of $2.03 and a 200 day moving average price of $5.55. The company has a quick ratio of 13.02, a current ratio of 13.02 and a debt-to-equity ratio of 0.30. Procap Financial, Inc. has a 1 year low of $1.48 and a 1 year high of $16.25. The stock has a market capitalization of $146.72 million and a P/E ratio of -1.25.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on the stock. Wall Street Zen downgraded shares of Procap Financial from a “hold” rating to a “sell” rating in a research report on Sunday, April 12th. Weiss Ratings assumed coverage on shares of Procap Financial in a research report on Wednesday, May 20th. They issued a “sell (d-)” rating on the stock. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, Procap Financial currently has a consensus rating of “Sell”.

Procap Financial Company Profile

ProCap Financial, Inc operates as a bitcoin-native financial services company. The company is based in New York, New York.