Chong Kuang Lee Purchases 65,591 Shares of Greenpro Capital (NASDAQ:GRNQ) Stock

Greenpro Capital Corp. (NASDAQ:GRNQ) CEO Chong Kuang Lee acquired 65,591 shares of Greenpro Capital stock in a transaction dated Tuesday, June 30th. The stock was purchased at an average cost of $1.52 per share, for a total transaction of $99,698.32. Following the completion of the purchase, the chief executive officer directly owned 1,940,884 shares in the company, valued at approximately $2,950,143.68. This represents a 3.50% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through this link.

Chong Kuang Lee also recently made the following trade(s):

• On Friday, May 29th, Chong Kuang Lee bought 28,949 shares of Greenpro Capital stock. The shares were purchased at an average price of $1.73 per share, with a total value of $50,081.77.
• On Tuesday, April 28th, Chong Kuang Lee bought 107,310 shares of Greenpro Capital stock. The shares were acquired at an average cost of $2.33 per share, with a total value of $250,032.30.

Greenpro Capital Stock Performance

NASDAQ GRNQ opened at $1.40 on Wednesday. Greenpro Capital Corp. has a one year low of $1.21 and a one year high of $3.18. The company’s 50 day moving average price is $1.65 and its 200 day moving average price is $1.91. The firm has a market capitalization of $25.24 million, a price-to-earnings ratio of -3.59 and a beta of 0.95.

Greenpro Capital (NASDAQ:GRNQ) last released its quarterly earnings data on Friday, May 8th. The company reported ($0.10) earnings per share (EPS) for the quarter. Greenpro Capital had a negative return on equity of 31.13% and a negative net margin of 153.32%.The business had revenue of $0.41 million for the quarter.

Wall Street Analyst Weigh In

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

Hedge Funds Weigh In On Greenpro Capital

Institutional investors have recently made changes to their positions in the business. Geode Capital Management LLC boosted its stake in shares of Greenpro Capital by 7.7% during the 4th quarter. Geode Capital Management LLC now owns 78,961 shares of the company’s stock valued at $143,000 after buying an additional 5,656 shares during the last quarter. Susquehanna International Group LLP bought a new stake in shares of Greenpro Capital in the third quarter worth $34,000. Finally, DRW Securities LLC bought a new stake in shares of Greenpro Capital in the fourth quarter worth $30,000. 0.87% of the stock is owned by institutional investors and hedge funds.

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.