In yesterday’s Wall Street session, TROOPS Inc. (NASDAQ:TROO) shares traded at $1.79, down -5.29% from the previous session.
TROO stock price is now 19.50% away from the 50-day moving average and -33.61% away from the 200-day moving average. The market capitalization of the company currently stands at $177.01M.
A total of 56.30% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in TROO stock. A new stake in TROOPS Inc. shares was purchased by GOLDMAN SACHS GROUP INC during the first quarter worth $29,000. RENAISSANCE TECHNOLOGIES LLC invested $26,000 in shares of TROO during the first quarter. In total, there are 10 active investors with 0.30% ownership of the company’s stock.
During the past 12 months, TROOPS Inc. has had a low of $0.98 and a high of $6.37. As of last week, the company has a debt-to-equity ratio of 0.00, a current ratio of 2.80, and a quick ratio of 2.80. The fifty day moving average price for TROO is $1.4978 and a two-hundred day moving average price translates $2.6962 for the stock.
The latest earnings results from TROOPS Inc. (NASDAQ: TROO) was released for Dec, 2021.
TROOPS Inc.(TROO) 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. It also develops, operates, and manages an online financial marketplace that connects financial institutions and users through its mobile application, which offers financial technology solutions, including application programming interface (API) services. In addition, the company provides SaaS and app development, project-based and API consulting, and maintenance and support services. Further, it invests in real properties; and offers property leasing and management services. The company was formerly known as SGOCO Group, Ltd. and changed its name to TROOPS, Inc. in November 2021. TROOPS, Inc. was founded in 2005 and is headquartered in Tsuen Wan, Hong Kong.