Greenpro Capital (NASDAQ:GRNQ) Shares Down 12.3% – Here’s Why

Shares of Greenpro Capital Corp. (NASDAQ:GRNQ) dropped 12.3% during trading on Monday . The stock traded as low as $1.07 and last traded at $1.07. Approximately 95,792 shares traded hands during mid-day trading, an increase of 201% from the average daily volume of 31,781 shares. The stock had previously closed at $1.22.

Greenpro Capital Trading Down 12.3 %

The business’s 50-day simple moving average is $1.09 and its two-hundred day simple moving average is $1.00. The firm has a market cap of $8.11 million, a price-to-earnings ratio of -1.24 and a beta of 1.61.

About Greenpro Capital

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.