Greenpro Capital (NASDAQ:GRNQ) Releases Earnings Results

Greenpro Capital (NASDAQ:GRNQ) released its quarterly earnings data on Friday. The company reported ($0.10) earnings per share for the quarter, FiscalAI reports. The company had revenue of $0.41 million for the quarter. Greenpro Capital had a negative net margin of 143.85% and a negative return on equity of 51.96%.

Greenpro Capital Stock Performance

Shares of Greenpro Capital stock traded down $0.23 on Friday, hitting $2.03. The company’s stock had a trading volume of 10,388 shares, compared to its average volume of 15,915. Greenpro Capital has a 1 year low of $0.88 and a 1 year high of $3.18. The firm has a fifty day moving average price of $2.37 and a 200-day moving average price of $1.93. The company has a market capitalization of $17.48 million, a price-to-earnings ratio of -5.47 and a beta of 1.13.

Analyst Ratings Changes

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of Greenpro Capital in a research note on Tuesday, April 21st. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock currently has a consensus rating of “Sell”.

Insider Buying and Selling at Greenpro Capital

In other Greenpro Capital news, CEO Chong Kuang Lee purchased 107,310 shares of the business’s stock in a transaction that occurred on Tuesday, April 28th. The stock was purchased at an average price of $2.33 per share, for a total transaction of $250,032.30. Following the purchase, the chief executive officer directly owned 1,846,344 shares in the company, valued at approximately $4,301,981.52. This trade represents a 6.17% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 39.67% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Greenpro Capital

Several large investors have recently bought and sold shares of the company. DRW Securities LLC purchased a new stake in Greenpro Capital during the 4th quarter worth approximately $30,000. Geode Capital Management LLC increased its stake in Greenpro Capital by 7.7% during the 4th quarter. Geode Capital Management LLC now owns 78,961 shares of the company’s stock worth $143,000 after buying an additional 5,656 shares in the last quarter. Finally, Susquehanna International Group LLP purchased a new stake in Greenpro Capital during the 3rd quarter worth approximately $34,000. 0.87% of the stock is currently owned by hedge funds and other institutional investors.

About Greenpro Capital

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.