Greenpro Capital (NASDAQ:GRNQ) Issues Quarterly Earnings Results

Greenpro Capital (NASDAQ:GRNQ) announced its earnings results on Wednesday. The company reported ($0.40) EPS for the quarter, reports. The business had revenue of $0.30 million for the quarter. Greenpro Capital had a negative net margin of 153.32% and a negative return on equity of 31.13%.

Greenpro Capital Price Performance

Shares of GRNQ traded up $0.27 during trading hours on Thursday, hitting $11.62. The stock had a trading volume of 6,699 shares, compared to its average volume of 2,197. The firm has a market capitalization of $209.45 million, a PE ratio of -28.50 and a beta of 1.00. Greenpro Capital has a 12 month low of $8.75 and a 12 month high of $31.80. The stock has a fifty day moving average price of $1.40 and a 200 day moving average price of $1.83.

Insider Transactions at Greenpro Capital

In other news, CEO Chong Kuang Lee bought 6,559 shares of the company’s stock in a transaction on Tuesday, June 30th. The shares were acquired at an average cost of $15.20 per share, with a total value of $99,696.80. Following the completion of the transaction, the chief executive officer owned 194,088 shares of the company’s stock, valued at approximately $2,950,137.60. This trade represents a 3.50% increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 19.98% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of GRNQ. DRW Securities LLC bought a new stake in shares of Greenpro Capital during the 4th quarter valued at $30,000. Susquehanna International Group LLP purchased a new position in Greenpro Capital during the third quarter valued at $34,000. Finally, Geode Capital Management LLC grew its holdings in Greenpro Capital by 7.7% during the fourth quarter. Geode Capital Management LLC now owns 78,961 shares of the company’s stock valued at $143,000 after purchasing an additional 5,656 shares during the period. Hedge funds and other institutional investors own 0.87% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of Greenpro Capital in a research note on Friday, July 17th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company presently 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.