Greenpro Capital Corp. (NASDAQ:GRNQ) price closed lower on Tuesday, September 14, dropping -5.89% below its previous close.
A look at the daily price movement shows that the last close reads $0.72, with intraday deals fluctuated between $0.6701 and $0.72. The company’s 5Y monthly beta was ticking -0.50. Taking into account the 52-week price action we note that the stock hit a 52-week high of $3.18 and 52-week low of $0.49. The stock added 16.43% on its value in the past month.
Greenpro Capital Corp., which has a market valuation of $48.04 million. Analysts tracking GRNQ have forecast the quarterly EPS to shrink by 0 per share this quarter, while the same analysts predict the annual EPS to hit $0 for the year 2021 and up to $0 for 2019.
Revisions to the company’s EPS highlights a short term direction of a stock’s price movement, which in the last 7 days came up with no upward and no downward reviews. On the technical perspective front, indicators give GRNQ a short term outlook of 100% Sell on average. Looking at the stock’s medium term indicators we note that it is averaging as a 100% Sell, while an average of long term indicators are currently assigning the stock as 100% Sell.
Here is a look at the average analyst rating for the stock as represented on a scale of 1.00 to 5.00, with the extremes of 1.00 and 5.00 suggesting the stock is strong buy or strong sell respectively. Specifically, 1 analysts have assigned GRNQ a recommendation rating as follows: 1 rate it as a Hold; 0 advise Buy while 0 analyst(s) assign an Overweight rating. 0 analyst(s) have tagged the Greenpro Capital Corp. (GRNQ) stock as Underweight, with 0 recommending Sell. In general, analysts have rated the stock Hold, a scenario likely to bolster investors out for an opportunity to add to their holdings of the company’s shares.
The overview shows that GRNQ’s price is at present 4.76% off the SMA20 and -0.78% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 50.95, with weekly volatility standing at 6.99%. The indicator jumps to 15.83% when calculated based on the past 30 days. Greenpro Capital Corp. (NASDAQ:GRNQ)’s beta value is holding at -0.45, while the average true range (ATR) indicator is currently reading 0.09. Considering analysts have assigned the stock a price target range of $8.00-$8.00 as the low and high respectively, we find the trailing 12-month average consensus price target to be $8.00. Based on this estimate, we see that current price is roughly -1076.47% off the estimated low and -1076.47% off the forecast high. Investors will no doubt be excited to see the share price fall to $8.00, which is the median consensus price, and at that level GRNQ would be -1076.47% from current price.
Turning out attention to how the Greenpro Capital Corp. stock has performed in comparison to its peers in the industry, here’s what we find: GRNQ’s stock is -5.89% on the day and -12.39% in the past 12 months, while Noah Holdings Limited (NOAH) traded -5.29% in the last session and was positioned 37.06% up on its price 12 months ago. Elsewhere in the market, the S&P 500 Index has stumbled -0.57% in last trading session, with the Dow Jones Industrial also saw a negative session on the day with -0.84%.
An analysis of the Greenpro Capital Corp. (NASDAQ:GRNQ) stock in terms of its daily trading volume indicates that the 3-month average is 8.16 million.
Current records show that the company has 65.52M in outstanding shares. The insiders’ percentage holdings are 45.00% of outstanding shares while the percentage share held by institutions stands at 0.90%. But the -56.84% downside, the stock’s price has registered year-to-date as of last trading, will likely reignite investor interest given the prospect of it rallying even higher.