Greenpro Capital Stock Set to Reverse Split on Thursday, July 28 (NASDAQ:GRNQ)


Shares of Greenpro Capital Corp. (NASDAQ:GRNQ – Get Rating) will be consolidated before the market opens on Thursday, July 28. The reverse 1-10 split was announced on Thursday, July 28. The number of shares held by shareholders will be adjusted after the closing bell on Thursday 28 July.

Greenpro Capital trades down 3.8%

Shares of Greenpro Capital opened at $0.20 on Friday. The company has a 50-day moving average of $0.27 and a 200-day moving average of $0.38. Greenpro Capital has a 1 year minimum of $0.18 and a 1 year maximum of $2.37. The company has a market capitalization of $15.51 million, a PE ratio of -1.64 and a beta of 0.57.

Greenpro Capital (NASDAQ:GRNQ – Get Rating) last released its quarterly results on Tuesday, May 10. The company reported ($0.01) earnings per share for the quarter. The company had revenue of $0.58 million for the quarter. Greenpro Capital had a negative return on equity of 53.78% and a negative net margin of 359.80%.

Hedge funds weigh on Greenpro Capital

An institutional investor recently bought a new position in shares of Greenpro Capital. Virtu Financial LLC has taken a new position in shares of Greenpro Capital Corp. (NASDAQ: GRNQ – Get Rating) in the first quarter, according to its latest filing with the Securities and Exchange Commission. The institutional investor acquired 55,676 shares of the company, valued at approximately $25,000. Virtu Financial LLC owned approximately 0.07% of Greenpro Capital at the end of the most recent reporting period. 2.81% of the shares are held by hedge funds and other institutional investors.

Company Profile Greenpro Capital

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Greenpro Capital Corp. provides financial advice and services to small and medium enterprises, primarily in Hong Kong, Malaysia and China. It operates in two segments, Service Business and Real Estate Business. The Company provides corporate advisory and business advisory services, including cross-border listing advisory, tax planning, accounting, advisory and transaction, records management and accounting outsourcing services; and venture capital education and support services.

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