Empro Group (NASDAQ:EMPG) Shares Down 2.3% - Here's Why

Key Points

• Empro Group shares fell 2.3% Monday to $17.36 (intraday low $17.01) on roughly 386,600 shares traded, with both the 50‑ and 200‑day simple moving averages at $17.36.
• Quadrature Capital raised its Q4 holding by 19.1% to 28,405 shares (about 0.35% of the company), worth approximately $493,000.
• Empro Group operates through its Malaysian subsidiary, EMP Solution, as an exclusive distributor of healthcare and beauty products across the ASEAN region and Europe.

Empro Group Inc. (NASDAQ:EMPG - ) shares dropped 2.3% on Monday . The stock traded as low as $17.01 and last traded at $17.36. Approximately 386,600 shares traded hands during mid-day trading, The stock had previously closed at $17.76.

Empro Group Price Performance

The firm's 50-day simple moving average is $17.36 and its two-hundred day simple moving average is $17.36.

Institutional Investors Weigh In On Empro Group

An institutional investor recently raised its position in Empro Group stock. Quadrature Capital Ltd lifted its holdings in shares of Empro Group Inc. (NASDAQ:EMPG - Free Report) by 19.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 28,405 shares of the company's stock after buying an additional 4,551 shares during the quarter. Quadrature Capital Ltd owned about 0.35% of Empro Group worth $493,000 at the end of the most recent quarter.

Empro Group Company Profile

Under the leadership of our founder, Yeoh Chee Wei, our company has steadily and successfully transcended its humble origins in the beauty industry during an operating history that spans nearly two decades. Our business is operated through our wholly-owned Malaysian subsidiary, EMP Solution, which was formed and commenced operations in 2005. We have secured exclusive distributorships with original equipment manufacturers in Asia, which enable us to distribute and market our healthcare and beauty products throughout the ASEAN region and in Europe.

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