Roma Green Finance (NASDAQ:ROMA) Trading 6.7% Higher – What’s Next?

Roma Green Finance Limited (NASDAQ:ROMA) shares were up 6.7% on Wednesday . The company traded as high as $10.25 and last traded at $9.9050. 10,887 shares were traded during mid-day trading, a decline of 97% from the average daily volume of 330,588 shares. The stock had previously closed at $9.28.

Analysts Set New Price Targets

Several research analysts have weighed in on ROMA shares. Wall Street Zen upgraded shares of Roma Green Finance to a “hold” rating in a research report on Saturday, April 4th. Weiss Ratings reiterated a “sell (e+)” rating on shares of Roma Green Finance in a research report on Tuesday, April 21st. One analyst has rated the stock with a Sell rating, According to MarketBeat, the stock currently has a consensus rating of “Sell”.

Roma Green Finance Stock Up 6.7%

The stock’s fifty day simple moving average is $7.71 and its two-hundred day simple moving average is $5.08.

Roma Green Finance declared that its Board of Directors has authorized a stock repurchase program on Monday, March 30th that permits the company to repurchase $0.00 in outstanding shares. This repurchase authorization permits the financial services provider to purchase shares of its stock through open market purchases. Shares repurchase programs are often a sign that the company’s management believes its stock is undervalued.

About Roma Green Finance

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.