TROOPS, Inc. (NASDAQ:TROO – Get Free Report) shares crossed above its 50-day moving average during trading on Monday. The stock has a 50-day moving average of $1.94 and traded as high as $2.10. TROOPS shares last traded at $2.07, with a volume of 550,150 shares.
Wall Street Analyst Weigh In
Separately, Weiss Ratings cut TROOPS from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Monday, October 26th. One analyst has rated the stock with a Sell rating. According to MarketBeat.com, the company has a consensus rating of “Sell”.
Read Our Latest Research Report on TROOPS
TROOPS Stock Performance
The business has a 50-day moving average of $1.94 and a 200 day moving average of $2.62.
TROOPS Company Profile
TROOPS, Inc is a diversified holding company with business activities focused primarily on real estate and financial services. Through its subsidiaries and investments, the company has been involved in real estate-related operations and the provision of financial services.
The company was formerly known as SGOCO Group, Ltd. and adopted the TROOPS, Inc name as part of its broader corporate development. Its operations and corporate presence have been associated with Asia, particularly Hong Kong and mainland China.
Publicly available information about TROOPS, Inc’s specific products, operating subsidiaries and current leadership is limited.
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