Insider Selling: Procap Financial (NASDAQ:BRR) CIO Sells $33,824.00 in Stock

Procap Financial, Inc. (NASDAQ:BRR) CIO Jeffrey Jin Hyung Park sold 21,140 shares of the stock in a transaction that occurred on Monday, May 26th. The shares were sold at an average price of $1.60, for a total value of $33,824.00. Following the sale, the executive owned 691,824 shares of the company’s stock, valued at approximately $1,106,918.40. The trade was a 2.97% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

Procap Financial Price Performance

Shares of NASDAQ:BRR opened at $2.15 on Friday. The business has a 50 day moving average price of $1.98 and a 200 day moving average price of $5.43. Procap Financial, Inc. has a twelve month low of $1.48 and a twelve month high of $16.25. The company has a market cap of $194.73 million and a price-to-earnings ratio of -1.65. The company has a quick ratio of 13.02, a current ratio of 13.02 and a debt-to-equity ratio of 0.30.

Analysts Set New Price Targets

Several analysts recently weighed in on the company. Weiss Ratings assumed coverage on Procap Financial in a research note on Wednesday, May 20th. They set a “sell (d-)” rating for the company. Wall Street Zen downgraded Procap Financial from a “hold” rating to a “sell” rating in a research note on Sunday, April 12th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Procap Financial presently has an average 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.