In the last trading session, 3,828,453 shares of the Greenpro Capital Corp.(NASDAQ:GRNQ) were traded, and its beta was 0. Most recently the company’s share price was $2.83, and it changed around -$0.54 or -0.16% from the last close, which brings the market valuation of the company to $167.55 Million. GRNQ currently trades at a discount to its 52-week high of $4.15, offering almost -46.64% off that amount. The share price’s 52-week low was $0.21, which indicates that the current value has risen by an impressive 92.58% since then. We note from Greenpro Capital Corp.’s average daily trading volume that its 10-day average is 9.92 Million shares, with the 3-month average coming to 4.88 Million.
Greenpro Capital Corp. stock received a consensus recommendation rating of Hold, based on a mean score of 3. If we narrow it down even further, the data shows that none out of 1 analysts rate the stock as a Sell; another but none rate it as Overweight. Among the rest, 1 recommended GRNQ as a Hold, whereas none deemed it a Buy, and no one rated it as Underweight. Greenpro Capital Corp. is expected to report earnings per share of $0 for the current quarter.
Greenpro Capital Corp. (NASDAQ:GRNQ): Trading Information
Although GRNQ has showed a red trend with a performance of -16.02% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of $4.15- on Wednesday, Feb 17 increased the stock’s daily price by 31.81%. The company’s shares are currently up 0.38% year-to-date, but still up 0.0443 over the last five days. On the other hand, Greenpro Capital Corp. (NASDAQ:GRNQ) is 0.38% up in the 30-day period. We can see from the shorts that 72.71 Million shares have been sold at a short interest cover period of 14.9 day(s).
The consensus price target as assigned by Wall Street analysts is $8, which translates to bears needing to increase their stock price by 182.69% from its current value. Analyst projections state that GRNQ is forecast to be at a low of $8 and a high of $8. In order for the stock price to hit the forecast high, the stock would need to surge +182.69% from its current level, while the stock would need to crash 182.69% from its current level to reach the projected low.
Greenpro Capital Corp. (GRNQ) projections and forecasts
Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -49.8%. Greenpro Capital Corp. earnings are expected to increase by 84.5% in 2021, but the outlook is negative 0% per year for the next five years.
Greenpro Capital Corp. (NASDAQ:GRNQ)’s Biggest Investors
Upon looking at major shareholders, it appears that insiders hold 71.88% of Greenpro Capital Corp. shares, and 2.02% of them are in the hands of institutional investors. The stock currently has a share float of 7.19%. Greenpro Capital Corp. stock is held by 7 institutions, with CVI Holdings, LLC being the largest institutional investor. By Dec 30, 2020, it held 1.83% of the shares, which is about 1Million shares worth $2.05 Million.
Geode Capital Management, LLC, with 0.07% or 38.24 Thousand shares worth $78.39 Thousand as of Dec 30, 2020, holds the second largest percentage of outstanding shares.
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