Greenpro Capital (NASDAQ:GRNQ) CEO Chong Kuang Lee Purchases 65,591 Shares of Stock

Greenpro Capital Corp. (NASDAQ:GRNQ) CEO Chong Kuang Lee acquired 65,591 shares of the stock in a transaction on Tuesday, June 30th. The shares were acquired at an average cost of $1.52 per share, for a total transaction of $99,698.32. Following the completion of the transaction, the chief executive officer directly owned 1,940,884 shares in the company, valued at $2,950,143.68. The trade was a 3.50% increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link.

Chong Kuang Lee also recently made the following trade(s):

• On Friday, May 29th, Chong Kuang Lee bought 28,949 shares of Greenpro Capital stock. The shares were acquired at an average price of $1.73 per share, with a total value of $50,081.77.
• On Tuesday, April 28th, Chong Kuang Lee purchased 107,310 shares of Greenpro Capital stock. The stock was bought at an average price of $2.33 per share, for a total transaction of $250,032.30.

Greenpro Capital Trading Up 1.1%

Greenpro Capital stock opened at $1.45 on Tuesday. Greenpro Capital Corp. has a twelve month low of $1.21 and a twelve month high of $3.18. The stock has a 50 day moving average of $1.67 and a two-hundred day moving average of $1.91. The stock has a market capitalization of $26.07 million, a price-to-earnings ratio of -3.71 and a beta of 0.95.

Greenpro Capital (NASDAQ:GRNQ) last released its earnings results on Friday, May 8th. The company reported ($0.10) earnings per share (EPS) for the quarter. Greenpro Capital had a negative net margin of 153.32% and a negative return on equity of 31.13%. The company had revenue of $0.41 million during the quarter.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Greenpro Capital in a report on Tuesday, April 21st. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, Greenpro Capital currently has a consensus rating of “Sell”.

Institutional Investors Weigh In On Greenpro Capital

A number of institutional investors and hedge funds have recently modified their holdings of GRNQ. DRW Securities LLC purchased a new position in Greenpro Capital in the 4th quarter valued at approximately $30,000. Susquehanna International Group LLP purchased a new stake in Greenpro Capital during the third quarter worth $34,000. Finally, Geode Capital Management LLC increased its position in shares of Greenpro Capital by 7.7% in the fourth quarter. Geode Capital Management LLC now owns 78,961 shares of the company’s stock valued at $143,000 after buying an additional 5,656 shares in the last quarter. Institutional investors and hedge funds own 0.87% of the company’s stock.

Greenpro Capital Company Profile

Greenpro Capital Corp. provides financial consulting and corporate advisory services to small and medium-size businesses primarily in Hong Kong, Malaysia, and China. It operates in two segments, Service Business and Real Estate Business. The company offers business consulting and corporate advisory services, including cross-border listing advisory, tax planning, bookkeeping, advisory and transaction, record management, and accounting outsourcing services; and venture capital related education and support services.