How have the shares performed?
Greenpro Capital Corp. (GRNQ) saw downtrend of -3.45% in the recent trading with $1.40 being its most recent. The current price level -66.27% lower than the highest price of $4.15 marked by the stock while trading over the past 52-weeks, whereas it is 100.00% higher than the lowest price of $0.70 the company dropped to over past 52-weeks. The latest news story on GRNQ appeared in Insider Monkey under the title “Is Greenpro Capital Corp. (GRNQ) A Good Stock To Buy?” on Jun-15-21.
Squeezing the time span to 30 day period shows us the stock is currently trading -9.09% below one month high and is +22.81% above of the lowest during that time. Looking into the simple moving average, Greenpro Capital Corp. (GRNQ)’s stock stands at a SMA-50 of $1.6784 while that of 5-day is reading $1.4580.
Daily rise and fall of price influence many of the traders, and in order to overcome the fluctuating effect of that and to watch the stock closely, traders focus more on stock’s 200-day moving average. At various points in trading activity, investors are more likely to be making use of that measure as a strong indicator in figuring out their support and resistance levels, and GRNQ’s SMA-200 as of now is $1.8052.
Do analysts rate it as a buy, sell or hold?
Irrespective of recent performance, what’s important is what the future holds. In uncertain economic times, a clear picture is difficult to get. Analysts generally have a good understanding of the market works, which gives them a leg up in making predictions. Currently, the stock has been recommended as Hold by 1 of the brokerage firms. Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of 3.00 for the stock.
Greenpro Capital Corp. Earnings – What Happened With GRNQ
Coming around sales and income figures, publically trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor. During the reported three-month period, company’s sales were $973.0 million.
GRNQ – Greenpro Capital Corp. Stock Earnings Estimates
Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). The total number of common shares currently owned by the public is 61.80 million. GRNQ does have institutional investors; and they hold 0.80% of the stock.
Greenpro Capital Corp. – Insider Activity and Holdings
Moreover, the latest SEC filings also revealed that stock came across 0 new insider purchases involving 0 shares. On the other hand, GRNQ declared 50,000 shares have been sold in 1 insider transactions over the past three months.
As on Mar 30, 2021, Citadel Advisors LLC was the top most holder in Greenpro Capital Corp. (NASDAQ:GRNQ) with an ownership of 0.13 million shares of the company or 0.24% of the stake worth $0.34 million. The filing also reveals Cetera Advisor Networks LLC as the second largest holder in the company with a control over 0.21% of the outstanding shares. Its stake is worth $0.29 million for having 0.11 million shares in hand.
HRT Financial LLC also came holding a key position in the company during the recent quarter and it now holds 0.14% of the outstanding shares. With this there are now 13 institutions which have possession in GRNQ’s shares.
Currently, the stock has been recommended as Hold by 1 of the brokerage firms. Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of 3.00 for the stock.
The liquidity is a key characteristic of any stock and is the main point of focus of both short-term as well as long term investors before start trading into a stock. In recently reported quarter, current ratio recorded by Greenpro Capital Corp. was 0.30 while posting a debt to equity ratio of 0.19. The count was 16.81 for long-term debt to equity ratio.
Greenpro Capital Corp.’s return on equity, or ROE, is -117.20%, compared to the industry average of 5.16% for Industrials – Conglomerates. Although this indicates that GRNQ fails to use its equity well, the metric will vary significantly depending on the industry.
Technical Analysis of Greenpro Capital Corp. (NASDAQ:GRNQ) stock
To comprehend better with the trade moves and investors’ behavior, exploring the short, medium and long term technical indicators along with average volume of a stock is an effective way to make use of. When looking into those indicators for Greenpro Capital Corp. (GRNQ), we notice that the stock’s 20-day average volume is at 531,015 shares and 50% of short term indicators are suggesting the stock as Sell. Medium term indicators at an average of 100% are spotting the stock at Sell with its 50-day average volume of 1,375,000 shares. And to end, GRNQ’s 100-day average volume is 2,796,145 shares with 50% of the long-term indicators pointing towards Sell for the stock.