Greenpro Capital (NASDAQ:GRNQ) Releases Quarterly Earnings Results

Greenpro Capital (NASDAQ:GRNQ) released its quarterly earnings data on Wednesday. The company reported ($0.40) EPS for the quarter, reports. Greenpro Capital had a negative return on equity of 28.89% and a negative net margin of 169.65%.The business had revenue of $0.30 million during the quarter.

Greenpro Capital Stock Performance

Shares of NASDAQ GRNQ traded up $1.24 during midday trading on Friday, hitting $11.24. 10,100 shares of the stock traded hands, compared to its average volume of 2,327. The firm has a market capitalization of $203.78 million, a P/E ratio of -31.22 and a beta of 1.00. Greenpro Capital has a one year low of $8.75 and a one year high of $31.80. The firm has a 50-day moving average of $13.92 and a two-hundred day moving average of $18.27.

Analyst Ratings Changes

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of Greenpro Capital in a research note on Friday, July 17th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock presently has a consensus rating of “Sell”.

Insider Activity at Greenpro Capital

In other news, CEO Chong Kuang Lee acquired 6,559 shares of Greenpro Capital stock in a transaction that occurred on Tuesday, June 30th. The stock was bought at an average price of $15.20 per share, for a total transaction of $99,696.80. Following the completion of the transaction, the chief executive officer owned 194,088 shares in the company, valued at $2,950,137.60. The trade was a 3.50% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 19.98% of the stock is owned by insiders.

Institutional Investors Weigh In On Greenpro Capital

Several hedge funds and other institutional investors have recently made changes to their positions in GRNQ. Geode Capital Management LLC lifted its stake in shares of Greenpro Capital by 7.7% in the 4th quarter. Geode Capital Management LLC now owns 78,961 shares of the company’s stock worth $143,000 after purchasing an additional 5,656 shares during the period. Susquehanna International Group LLP purchased a new stake in Greenpro Capital during the third quarter valued at approximately $34,000. Finally, DRW Securities LLC bought a new position in Greenpro Capital in the fourth quarter worth approximately $30,000. Hedge funds and other institutional investors own 0.87% of the company’s stock.

Greenpro Capital Company Profile

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.