Investors Buy High Volume of TROOPS Call Options (NASDAQ:TROO)

TROOPS, Inc. (NASDAQ:TROO) saw some unusual options trading on Friday. Investors acquired 1,859 call options on the company. This represents an increase of approximately 2,062% compared to the typical daily volume of 86 call options.

TROOPS Trading Up 3.8%

TROO opened at $4.65 on Friday. TROOPS has a one year low of $0.49 and a one year high of $4.89. The business’s 50-day simple moving average is $1.90 and its 200-day simple moving average is $1.35.

TROOPS (NASDAQ:TROO) last announced its quarterly earnings results on Friday, October 17th. The company reported $0.00 earnings per share (EPS) for the quarter. The firm had revenue of $3.81 million for the quarter.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of TROOPS in a research report on Wednesday, October 8th. One analyst has rated the stock with a Sell rating, According to MarketBeat, the company has an average rating of “Sell”.

About TROOPS

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. It also offers fintech and IT support services, which includes artificial intelligence, big data and blockchain technology, machine learning, fingerprint ID, facial recognition, and cloud computing, and GFS strives; and engages in property leasing and management services.