Key Points
- Greenpro Capital CEO Chong Kuang Lee bought 28,949 shares on May 29 at an average price of $1.73, spending about $50,082 and lifting his direct stake to 1,875,293 shares.
- This was not Lee’s only recent purchase; he also bought 107,310 shares on April 28 for about $250,032, indicating continued insider buying.
- The stock remains under pressure, with a “sell (d-)” rating from Weiss Ratings and Greenpro reporting a quarterly loss of $0.10 per share on just $0.41 million in revenue.
Greenpro Capital Corp. (NASDAQ:GRNQ - Get Free Report) CEO Chong Kuang Lee acquired 28,949 shares of the company's stock in a transaction dated Friday, May 29th. The stock was acquired at an average price of $1.73 per share, for a total transaction of $50,081.77. Following the completion of the purchase, the chief executive officer directly owned 1,875,293 shares of the company's stock, valued at $3,244,256.89. This trade represents a 1.57% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through the SEC website.
Chong Kuang Lee also recently made the following trade(s):
- On Tuesday, April 28th, Chong Kuang Lee acquired 107,310 shares of Greenpro Capital stock. The stock was acquired at an average price of $2.33 per share, for a total transaction of $250,032.30.
Greenpro Capital Stock Performance
Greenpro Capital stock opened at $1.78 on Wednesday. The business's 50-day simple moving average is $2.25 and its 200-day simple moving average is $1.93. The firm has a market capitalization of $32.09 million, a PE ratio of -4.56 and a beta of 0.96. Greenpro Capital Corp. has a 52 week low of $1.06 and a 52 week high of $3.18.
Greenpro Capital (NASDAQ:GRNQ - Get Free Report) last posted its quarterly earnings data on Friday, May 8th. The company reported ($0.10) EPS for the quarter. The business had revenue of $0.41 million during the quarter. Greenpro Capital had a negative return on equity of 31.13% and a negative net margin of 153.32%.
Analysts Set New Price Targets
Separately, Weiss Ratings reiterated a "sell (d-)" rating on shares of Greenpro Capital in a research note on Tuesday, April 21st. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock presently has an average rating of "Sell".
View Our Latest Stock Report on Greenpro Capital
Institutional Investors Weigh In On Greenpro Capital
A number of institutional investors have recently added to or reduced their stakes in GRNQ. Susquehanna International Group LLP acquired a new stake in Greenpro Capital during the third quarter valued at approximately $34,000. DRW Securities LLC acquired a new stake in Greenpro Capital during the fourth quarter valued at approximately $30,000. Finally, Geode Capital Management LLC boosted 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 in the last quarter. 0.87% of the stock is owned by institutional investors and hedge funds.
Greenpro Capital Company Profile
(
Get Free Report)
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.
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