Stock Traders Purchase High Volume of Call Options on Procap Financial (NASDAQ:BRR)

Procap Financial, Inc. (NASDAQ:BRR) was the recipient of unusually large options trading on Thursday. Stock traders bought 14,702 call options on the company. This represents an increase of approximately 1,287% compared to the typical daily volume of 1,060 call options.

Analysts Set New Price Targets

A number of equities analysts recently commented on BRR shares. Weiss Ratings started coverage on Procap Financial in a report on Wednesday, May 20th. They issued a “sell (d-)” rating on the stock. Wall Street Zen downgraded Procap Financial from a “hold” rating to a “sell” rating in a report on Sunday, April 12th. One analyst has rated the stock with a Sell rating, According to MarketBeat, Procap Financial presently has a consensus rating of “Sell”.

Procap Financial Trading Up 40.7%

NASDAQ:BRR opened at $2.28 on Friday. The stock’s 50 day moving average price is $1.99 and its 200 day moving average price is $5.47. Procap Financial has a 52 week low of $1.48 and a 52 week high of $16.25. The company has a market capitalization of $206.50 million and a P/E ratio of -1.75. The company has a debt-to-equity ratio of 0.30, a quick ratio of 13.02 and a current ratio of 13.02.

Procap Financial Company Profile

ProCap Financial, Inc operates as a bitcoin-native financial services company. The company is based in New York, New York.