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

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

Analysts Set New Price Targets

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

Greenpro Capital Stock Performance

The company has a market cap of $14.74 million, a PE ratio of -11.00 and a beta of 1.57. The company has a fifty day moving average of $1.75 and a two-hundred day moving average of $1.62.

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

Institutional Trading of Greenpro Capital

A hedge fund recently bought a new stake in Greenpro Capital stock. Susquehanna International Group LLP acquired a new position in Greenpro Capital Corp. (NASDAQ:GRNQ) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 24,954 shares of the company’s stock, valued at approximately $34,000. Susquehanna International Group LLP owned about 0.30% of Greenpro Capital at the end of the most recent reporting period. 0.87% of the stock is owned by hedge funds and other institutional investors.

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.