TROOPS (NASDAQ:TROO) Trading 2.4% Higher – Here’s Why

TROOPS, Inc. (NASDAQ:TROOGet Free Report)’s stock price shot up 2.4% during mid-day trading on Wednesday . The stock traded as high as $1.83 and last traded at $1.72. 2,533 shares changed hands during mid-day trading, a decline of 97% from the average session volume of 94,551 shares. The stock had previously closed at $1.68.

TROOPS Trading Up 7.0 %

The company has a fifty day moving average price of $2.29 and a two-hundred day moving average price of $2.68.

TROOPS Company Profile

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TROOPS, Inc, together with its subsidiaries, engages in the money lending business in Hong Kong and Australia. The company provides mortgage, personal, and corporate loans; operates online financial marketplace through a platform for money lending, system integration, and consultation services; and invests in real estate properties in Hong Kong.

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