Procap Financial Target of Unusually Large Options Trading (NASDAQ:BRR)

Procap Financial, Inc. (NASDAQ:BRR) was the target of some unusual options trading activity on Thursday. Investors bought 12,432 call options on the stock. This represents an increase of 677% compared to the typical volume of 1,601 call options.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Procap Financial in a report on Monday. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, Procap Financial currently has an average rating of “Sell”.

Procap Financial Trading Up 4.5%

NASDAQ BRR traded up $0.10 during trading on Thursday, hitting $2.19. 691,435 shares of the company’s stock were exchanged, compared to its average volume of 899,805. The company has a market cap of $193.97 million and a PE ratio of -1.08. Procap Financial has a fifty-two week low of $1.31 and a fifty-two week high of $10.57. The stock’s 50 day moving average price is $1.71 and its two-hundred day moving average price is $2.25.

Procap Financial (NASDAQ:BRR) last posted its quarterly earnings results on Thursday, August 13th. The company reported ($0.73) earnings per share for the quarter.

About Procap Financial

ProCap Financial, Inc operates as a bitcoin-native financial services company. The company is based in New York, New York.