Chong Kuang Lee Acquires 107,310 Shares of Greenpro Capital (NASDAQ:GRNQ) Stock

Greenpro Capital Corp. (NASDAQ:GRNQ) CEO Chong Kuang Lee bought 107,310 shares of the business’s stock in a transaction dated Tuesday, April 28th. The shares were bought at an average price of $2.33 per share, with a total value of $250,032.30. Following the completion of the transaction, the chief executive officer owned 1,846,344 shares in the company, valued at approximately $4,301,981.52. This trade represents a 6.17% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Greenpro Capital Stock Performance

NASDAQ:GRNQ opened at $2.50 on Friday. The stock has a fifty day moving average price of $2.32 and a 200-day moving average price of $1.90. The company has a market cap of $21.53 million, a price-to-earnings ratio of -6.74 and a beta of 1.14. Greenpro Capital Corp. has a fifty-two week low of $0.83 and a fifty-two week high of $3.18.

Hedge Funds Weigh In On Greenpro Capital

Institutional investors and hedge funds have recently bought and sold shares of the company. DRW Securities LLC acquired a new position in Greenpro Capital in the 4th quarter worth about $30,000. Susquehanna International Group LLP acquired a new position in Greenpro Capital in the 3rd quarter worth about $34,000. Finally, Geode Capital Management LLC increased its holdings in Greenpro Capital by 7.7% in the 4th quarter. Geode Capital Management LLC now owns 78,961 shares of the company’s stock worth $143,000 after purchasing an additional 5,656 shares in the last quarter. Institutional investors and hedge funds own 0.87% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of Greenpro Capital in a research report on Tuesday, April 21st. One analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock has a consensus rating of “Sell”.

About Greenpro Capital

Greenpro Capital Corp. provides financial consulting and corporate advisory services to small and medium-size businesses primarily in Hong Kong, Malaysia, and China. It operates in two segments, Service Business and Real Estate Business. The company offers business consulting and corporate advisory services, including cross-border listing advisory, tax planning, bookkeeping, advisory and transaction, record management, and accounting outsourcing services; and venture capital related education and support services.