Greenpro Capital (NASDAQ:GRNQ) Announces Quarterly Earnings Results

Greenpro Capital (NASDAQ:GRNQ) announced its quarterly earnings data on Monday. The company reported ($0.06) earnings per share for the quarter, Zacks reports. The company had revenue of $0.90 million during the quarter. Greenpro Capital had a negative net margin of 41.16% and a negative return on equity of 25.31%.

Greenpro Capital Stock Performance

Shares of NASDAQ GRNQ traded down $0.01 during trading hours on Tuesday, hitting $2.77. The company’s stock had a trading volume of 1,723 shares, compared to its average volume of 20,247. Greenpro Capital has a 12 month low of $0.83 and a 12 month high of $3.05. The stock has a market cap of $23.94 million, a price-to-earnings ratio of -17.34 and a beta of 1.56. The business has a 50-day simple moving average of $1.91 and a 200-day simple moving average of $1.71.

Institutional Investors Weigh In On Greenpro Capital

Institutional investors and hedge funds have recently bought and sold shares of the business. DRW Securities LLC purchased a new position in shares of Greenpro Capital during the fourth quarter valued at approximately $30,000. Susquehanna International Group LLP purchased a new stake in Greenpro Capital in the third quarter worth $34,000. Finally, Geode Capital Management LLC lifted its stake in Greenpro Capital by 7.7% in the fourth quarter. Geode Capital Management LLC now owns 78,961 shares of the company’s stock worth $143,000 after acquiring an additional 5,656 shares during the period. Hedge funds and other institutional investors own 0.87% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Greenpro Capital in a research note on Thursday, January 22nd. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock has an average rating of “Sell”.

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.