TROOPS Sees Unusually High Options Volume (NASDAQ:TROO)

TROOPS, Inc. (NASDAQ:TROO) saw unusually large options trading activity on Friday. Traders acquired 1,859 call options on the company. This represents an increase of 2,062% compared to the average daily volume of 86 call options.

Analysts Set New Price Targets

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of TROOPS in a research report on Wednesday, October 8th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of “Sell”.

TROOPS Stock Up 1.8%

NASDAQ TROO traded up $0.08 during mid-day trading on Friday, hitting $4.56. The stock had a trading volume of 224,773 shares, compared to its average volume of 571,019. The firm’s 50 day moving average is $1.84 and its 200 day moving average is $1.32. TROOPS has a twelve month low of $0.49 and a twelve month high of $4.89.

TROOPS (NASDAQ:TROO) last announced its earnings results on Friday, October 17th. The company reported $0.00 earnings per share (EPS) for the quarter. The business had revenue of $3.81 million for the quarter.

TROOPS Company Profile

TROOPS, Inc, together with its subsidiaries, engages in the money lending business in Hong Kong and Australia. The company provides mortgage, personal, and corporate loans; operates online financial marketplace through a platform for money lending, system integration, and consultation services; and invests in real estate properties in Hong Kong. It also offers fintech and IT support services, which includes artificial intelligence, big data and blockchain technology, machine learning, fingerprint ID, facial recognition, and cloud computing, and GFS strives; and engages in property leasing and management services.