TROOPS (NASDAQ:TROO) Sees Large Volume Increase – Time to Buy?
by Renee Jackson · The Cerbat GemTROOPS, Inc. (NASDAQ:TROO – Get Free Report) shares saw strong trading volume on Tuesday . 2,206,137 shares were traded during mid-day trading, an increase of 157% from the previous session’s volume of 858,466 shares.The stock last traded at $4.6940 and had previously closed at $5.02.
Wall Street Analysts Forecast Growth
Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of TROOPS in a research report on Wednesday, October 8th. One research analyst has rated the stock with a Sell rating, According to MarketBeat, TROOPS presently has a consensus rating of “Sell”.
Read Our Latest Stock Analysis on TROOPS
TROOPS Stock Down 14.1%
The business’s fifty day simple moving average is $1.98 and its two-hundred day simple moving average is $1.39.
TROOPS (NASDAQ:TROO – Get Free Report) last announced its quarterly earnings data on Friday, October 17th. The company reported $0.00 EPS for the quarter. The company had revenue of $3.81 million for the quarter.
TROOPS Company Profile
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.