Roma Green Finance (NASDAQ:ROMA) Upgraded by Wall Street Zen to "Hold" Rating

Key Points

• Wall Street Zen upgraded Roma Green Finance (NASDAQ:ROMA) to a "Hold" rating while Weiss Ratings reiterated a "Sell (e+)," leaving the consensus rating at Sell.
• Shares opened at $4.50 and have traded in a 12‑month range of $0.72 to $11.77, with a 50‑day moving average of $3.68 and a 200‑day average of $2.90.
• Roma reported quarterly EPS of ($0.02) on $0.24 million in revenue, and its board announced a repurchase program that, as filed, permits repurchasing $0.00 of outstanding shares (no effective buyback amount disclosed).

Roma Green Finance (NASDAQ:ROMA - Get Free Report) was upgraded by stock analysts at Wall Street Zen to a "hold" rating in a report issued on Saturday.

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

Roma Green Finance Stock Performance

Shares of NASDAQ:ROMA opened at $4.50 on Friday. Roma Green Finance has a twelve month low of $0.72 and a twelve month high of $11.77. The company has a 50-day moving average price of $3.68 and a two-hundred day moving average price of $2.90.

Roma Green Finance (NASDAQ:ROMA - Get Free Report) last posted its quarterly earnings results on Tuesday, December 23rd. The financial services provider reported ($0.02) earnings per share (EPS) for the quarter. The firm had revenue of $0.24 million for the quarter.

Roma Green Finance announced that its Board of Directors has initiated a share 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 usually an indication 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.

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