Greenpro Capital (NASDAQ:GRNQ) Trading Down 8% – Here’s Why

Greenpro Capital Corp. (NASDAQ:GRNQ) shares were down 8% during trading on Monday . The stock traded as low as $1.38 and last traded at $1.38. Approximately 10,590 shares were traded during trading, a decline of 75% from the average daily volume of 42,414 shares. The stock had previously closed at $1.50.

Greenpro Capital Trading Down 8.0%

The stock has a market capitalization of $11.43 million, a PE ratio of -10.62 and a beta of 1.42. The stock has a 50 day moving average price of $1.77 and a 200-day moving average price of $1.26.

Greenpro Capital (NASDAQ:GRNQ) last released its quarterly earnings results on Tuesday, August 12th. The company reported ($0.07) earnings per share (EPS) for the quarter. The firm had revenue of $0.43 million during the quarter. Greenpro Capital had a negative return on equity of 20.85% and a negative net margin of 33.68%.

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.