BUUU Group Limited’s Lock-Up Period To End on February 10th (NASDAQ:BUUU)

BUUU Group’s (NASDAQ:BUUU) lock-up period is set to end on Tuesday, February 10th. BUUU Group had issued 1,500,000 shares in its IPO on August 14th. The total size of the offering was $6,000,000 based on an initial share price of $4.00. After the end of BUUU Group’s lock-up period, company insiders and major shareholders will be able to sell their shares of the company.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reissued a “sell (e)” rating on shares of BUUU Group in a research report on Monday, December 29th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, BUUU Group presently has a consensus rating of “Sell”.

BUUU Group Stock Up 8.2%

BUUU stock opened at $9.49 on Thursday. The company has a quick ratio of 1.61, a current ratio of 1.61 and a debt-to-equity ratio of 0.02. The company’s fifty day simple moving average is $8.07. BUUU Group has a fifty-two week low of $3.67 and a fifty-two week high of $20.76.

BUUU Group Company Profile

Established in 2017, we have rapidly grown into a premier Meetings, Incentives, Conferences, and Exhibitions (“MICE”) solutions provider based in Hong Kong. Our comprehensive marketing service portfolio is designed to meet the diverse needs of our clients, spanning across two core areas: (i) event management and (ii) stage production. (a) Event management services In the realm of event management, our operating subsidiary, BU Creation, excels as creative planners and meticulous executors. We curate and manage a wide spectrum of events, including cultural, artistic, recreational, and corporate promotions.