Procap Financial (NASDAQ:BRR) CIO Jeffrey Jin Hyung Park Sells 21,140 Shares

Procap Financial, Inc. (NASDAQ:BRR) CIO Jeffrey Jin Hyung Park sold 21,140 shares of Procap Financial stock in a transaction dated Monday, May 26th. The shares were sold at an average price of $1.60, for a total value of $33,824.00. Following the completion of the transaction, the executive directly owned 691,824 shares of the company’s stock, valued at approximately $1,106,918.40. This represents a 2.97% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Procap Financial Stock Up 8.0%

Shares of NASDAQ:BRR opened at $1.62 on Thursday. The company has a debt-to-equity ratio of 0.30, a current ratio of 13.02 and a quick ratio of 13.02. The firm has a market capitalization of $146.73 million and a PE ratio of -1.25. The firm’s 50-day moving average is $2.00 and its two-hundred day moving average is $5.51. Procap Financial, Inc. has a 1 year low of $1.48 and a 1 year high of $16.25.

Analyst Ratings Changes

A number of analysts have issued reports on BRR shares. Weiss Ratings started coverage on shares of Procap Financial in a research note on Wednesday, May 20th. They set a “sell (d-)” rating on the stock. Wall Street Zen lowered shares of Procap Financial from a “hold” rating to a “sell” rating in a research note on Sunday, April 12th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company presently has a consensus rating of “Sell”.

About Procap Financial

ProCap Financial, Inc operates as a bitcoin-native financial services company. The company is based in New York, New York.