GRNQ Stock Summary and Trading Ideas (Greenpro Capital Corp. | NASDAQ:GRNQ)

Greenpro Capital Corp operates and provides business solution services to small and medium-sized businesses located in Southeast Asia and East Asia, with a focus on Hong Kong, China and Malaysia, and in Thailand and Taiwan. Its range of services includes cross-border business solutions, record management services, and accounting outsourcing services. Cross-border business services include other services, tax planning, trust and wealth management, cross-border listing advisory services, and transaction services. It also operates a venture capital business. Its segments include Service business engaged in the provision of corporate advisory and business solution services; and Real estate business engaged in trading or leasing of commercial real estate properties in Hong Kong and Malaysia.

Greenpro Capital Corp. trades on the NASDAQ stock market under the symbol GRNQ.

As of April 19, 2024, GRNQ stock price declined to $1.16 with 14,557 million shares trading.

GRNQ has a beta of -0.25, meaning it tends to be less sensitive to market movements. GRNQ has a correlation of 0.00 to the broad based SPY ETF.

GRNQ has a market cap of $8.79 million. This is considered a Sub-Micro Cap stock.

In the last 3 years, GRNQ stock traded as high as $23.70 and as low as $.72.

The top ETF exchange traded funds that GRNQ belongs to (by Net Assets): ONEQ.

GRNQ has underperformed the market in the last year with a price return of -21.1% while the SPY ETF gained +21.2%. GRNQ has also underperformed the stock market ETF in the last 3 month and 2 week periods returning +0.9% and -10.8%, respectively, while the SPY returned +4.3% and -3.5%, respectively.

GRNQ support price is $1.13 and resistance is $1.31 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that GRNQ stock will trade within this expected range on the day.