Aureus Greenway (NASDAQ:PUSA) Shares Down 3% – What’s Next?

Aureus Greenway Holdings Inc. (NASDAQ:PUSA) shares dropped 3% during mid-day trading on Wednesday . The company traded as low as $4.81 and last traded at $4.93. Approximately 630,742 shares changed hands during trading, a decline of 80% from the average daily volume of 3,234,047 shares. The stock had previously closed at $5.08.

Analysts Set New Price Targets

PUSA has been the topic of a number of analyst reports. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Aureus Greenway in a report on Friday, March 27th. Wall Street Zen downgraded Aureus Greenway to a “strong sell” rating in a research note on Saturday, March 28th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Aureus Greenway presently has an average rating of “Sell”.

Aureus Greenway Trading Down 3.0%

The stock’s fifty day moving average is $4.11 and its two-hundred day moving average is $4.10. The company has a market capitalization of $106.49 million, a PE ratio of -15.90 and a beta of 4.71.

Aureus Greenway (NASDAQ:PUSA) last issued its quarterly earnings results on Tuesday, May 12th. The company reported ($0.03) earnings per share for the quarter. The company had revenue of $1.47 million during the quarter. Aureus Greenway had a negative return on equity of 17.49% and a negative net margin of 167.57%.

Hedge Funds Weigh In On Aureus Greenway

Several institutional investors have recently bought and sold shares of the company. HRT Financial LP purchased a new position in Aureus Greenway in the fourth quarter valued at approximately $51,000. Geode Capital Management LLC lifted its stake in Aureus Greenway by 27.3% in the fourth quarter. Geode Capital Management LLC now owns 103,436 shares of the company’s stock valued at $326,000 after purchasing an additional 22,172 shares during the last quarter. State Street Corp lifted its stake in Aureus Greenway by 233.0% in the fourth quarter. State Street Corp now owns 34,300 shares of the company’s stock valued at $108,000 after purchasing an additional 24,000 shares during the last quarter. XTX Topco Ltd purchased a new position in Aureus Greenway in the fourth quarter valued at approximately $76,000. Finally, GM Advisory Group LLC purchased a new position in Aureus Greenway in the third quarter valued at approximately $155,000.

Aureus Greenway Company Profile

We own and operate two public golf country clubs in Florida that each features a golf-club, consisting of over 289 acres of multi-service recreational property. Our golf country clubs include two golf-courses with over 13,000 yards of combined fairways, clubhouses boasting food and beverage options, aquatic golf ranges, and pro shops to assist any level of golfer. We believe our golf country clubs are a serene combination of approachable golf and nature that are designed to appeal to local residents and tourists alike.