Procap Financial Sees Unusually High Options Volume (NASDAQ:BRR)

Procap Financial, Inc. (NASDAQ:BRR) was the target of unusually large options trading activity on Thursday. Stock traders acquired 14,702 call options on the company. This is an increase of 1,287% compared to the typical daily volume of 1,060 call options.

Procap Financial Trading Down 5.7%

BRR opened at $2.15 on Friday. The company has a debt-to-equity ratio of 0.30, a current ratio of 13.02 and a quick ratio of 13.02. The company’s 50 day simple moving average is $1.98 and its two-hundred day simple moving average is $5.43. Procap Financial has a 1-year low of $1.48 and a 1-year high of $16.25. The firm has a market capitalization of $194.73 million and a price-to-earnings ratio of -1.65.

Analyst Ratings Changes

BRR has been the topic of a number of research reports. Wall Street Zen lowered shares of Procap Financial from a “hold” rating to a “sell” rating in a research note on Sunday, April 12th. Weiss Ratings initiated coverage on shares of Procap Financial in a research note on Wednesday, May 20th. They issued a “sell (d-)” rating on the stock. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of “Sell”.

Procap Financial Company Profile

ProCap Financial, Inc operates as a bitcoin-native financial services company. The company is based in New York, New York.