Roma Green Finance (NASDAQ:ROMA) Board of Directors Authorizes Stock Buyback Plan

Roma Green Finance (NASDAQ:ROMA) announced that its Board of Directors has initiated a stock repurchase plan on Monday, March 30th, RTT News reports. The company plans to buyback $0.00 in shares. This buyback authorization allows the financial services provider to buy shares of its stock through open market purchases. Shares buyback plans are generally an indication that the company’s management believes its shares are undervalued.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Roma Green Finance in a report on Thursday, January 22nd. One research analyst has rated the stock with a Sell rating, According to MarketBeat, the company has an average rating of “Sell”.

Roma Green Finance Stock Performance

NASDAQ ROMA traded down $1.97 on Monday, reaching $4.33. 1,130,684 shares of the company were exchanged, compared to its average volume of 757,161. The business’s fifty day moving average price is $3.50 and its 200 day moving average price is $2.87. Roma Green Finance has a fifty-two week low of $0.72 and a fifty-two week high of $11.77.

Roma Green Finance (NASDAQ:ROMA) last issued its earnings results on Tuesday, December 23rd. The financial services provider reported ($0.02) earnings per share (EPS) for the quarter. The business had revenue of $0.24 million during the quarter.

Roma Green Finance Company Profile

Roma Green Finance Limited, through its subsidiaries, provides environmental, social, and governance (ESG); sustainability; and climate change related advisory services in Hong Kong and Singapore. It also offers sustainability program development, ESG reporting, corporate governance and risk management, climate change strategies and solutions, environmental audit, ESG rating support and shareholder communication, and education and training services. The company was founded in 2018 and is based in Wan Chai, Hong Kong.