Aureus Greenway (NASDAQ:PUSA) Shares Up 7% - Should You Buy?

Key Points

• Aureus Greenway shares rose 7% to $3.82 on unusually high volume, with nearly 992,000 shares traded—more than double the average session volume.
• Analyst sentiment is mixed: Roth Capital initiated coverage with a Buy rating and a $7.50 price target, while other analysts rate the stock Hold or Sell. The consensus rating is Hold with a $7.50 target.
• The company remains unprofitable, reporting $0.71 million in quarterly revenue, a negative net margin of 154.2%, and an expected full-year loss of $0.13 per share, making the stock’s high volatility and investment risk notable.

Aureus Greenway Holdings Inc. (NASDAQ:PUSA - Get Free Report) shares traded up 7% on Tuesday . The stock traded as high as $3.95 and last traded at $3.82. Approximately 991,651 shares changed hands during trading, an increase of 112% from the average session volume of 467,357 shares. The stock had previously closed at $3.57.

Analysts Set New Price Targets

PUSA has been the topic of several research analyst reports. Wall Street Zen upgraded Aureus Greenway from a "sell" rating to a "hold" rating in a report on Saturday, August 15th. Roth Capital initiated coverage on Aureus Greenway in a research report on Wednesday, August 26th. They issued a "buy" rating and a $7.50 target price on the stock. Weiss Ratings reaffirmed a "sell (d-)" rating on shares of Aureus Greenway in a research note on Wednesday, June 24th. Finally, Zacks Research upgraded Aureus Greenway to a "hold" rating in a research report on Thursday, August 27th. One analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat, Aureus Greenway has an average rating of "Hold" and a consensus price target of $7.50.

Aureus Greenway Trading Up 7.0%

The company has a market cap of $102.91 million, a price-to-earnings ratio of -13.17 and a beta of 5.12. The stock's fifty day simple moving average is $3.49 and its 200 day simple moving average is $3.94.

Aureus Greenway (NASDAQ:PUSA - Get Free Report) last released its earnings results on Thursday, August 13th. The company reported ($0.00) earnings per share for the quarter. The business had revenue of $0.71 million for the quarter. Aureus Greenway had a negative net margin of 154.20% and a negative return on equity of 12.81%. On average, analysts predict that Aureus Greenway Holdings Inc. will post -0.13 EPS for the current year.

Hedge Funds Weigh In On Aureus Greenway

A number of institutional investors and hedge funds have recently added to or reduced their stakes in PUSA. PEAK6 LLC purchased a new stake in Aureus Greenway in the 2nd quarter valued at $1,197,000. BlackRock Inc. purchased a new position in shares of Aureus Greenway during the 2nd quarter worth $394,000. Bank of America Corp DE acquired a new position in shares of Aureus Greenway during the 2nd quarter valued at about $384,000. Finally, Thrive Wealth Management LLC acquired a new position in shares of Aureus Greenway during the 2nd quarter valued at about $120,000.

About Aureus Greenway

We own and operate two public golf country clubs in Florida that each features a golf-club, consisting of over 289 acres of multi-service recreational property. Our golf country clubs include two golf-courses with over 13,000 yards of combined fairways, clubhouses boasting food and beverage options, aquatic golf ranges, and pro shops to assist any level of golfer. We believe our golf country clubs are a serene combination of approachable golf and nature that are designed to appeal to local residents and tourists alike.

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