Greenpro Capital (NASDAQ:GRNQ) Trading 2.9% Higher – Here’s What Happened

Greenpro Capital Corp. (NASDAQ:GRNQ)’s share price was up 2.9% during trading on Monday . The company traded as high as $1.7999 and last traded at $1.79. Approximately 10,821 shares changed hands during trading, a decline of 12% from the average daily volume of 12,280 shares. The stock had previously closed at $1.74.

Analyst Ratings Changes

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Greenpro Capital in a research report on Thursday, January 22nd. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Greenpro Capital presently has a consensus rating of “Sell”.

Greenpro Capital Trading Up 2.9%

The company has a market capitalization of $15.45 million, a price-to-earnings ratio of -11.19 and a beta of 1.56. The business’s 50 day moving average price is $1.77 and its two-hundred day moving average price is $1.61.

Institutional Investors Weigh In On Greenpro Capital

A number of hedge funds and other institutional investors have recently bought and sold shares of GRNQ. DRW Securities LLC bought a new position in Greenpro Capital in the fourth quarter valued at about $30,000. Susquehanna International Group LLP bought a new position in Greenpro Capital in the 3rd quarter valued at approximately $34,000. Finally, Geode Capital Management LLC boosted its position in Greenpro Capital by 7.7% during the 4th 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 during the period. 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.