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Weiss Ratings Reaffirms Sell (D-) Rating for TROOPS (NASDAQ:TROO)

TROOPS logo with Multi-Sector Conglomerates background

Key Points

  • Weiss Ratings has reaffirmed a Sell (D-) rating for TROOPS, Inc. (NASDAQ:TROO), indicating ongoing concerns about the company's performance.
  • The stock price of TROO increased by 2.0% to $1.53, with a trading volume lower than its average, highlighting volatility in the stock.
  • TROOPS engages in the money lending business across Hong Kong and Australia, offering various loans and operating an online financial marketplace.
  • Five stocks we like better than TROOPS.

TROOPS (NASDAQ:TROO - Get Free Report)'s stock had its "sell (d-)" rating restated by equities researchers at Weiss Ratings in a report released on Friday,Weiss Ratings reports.

TROOPS Trading Up 2.0%

TROO stock traded up $0.03 on Friday, hitting $1.53. The company had a trading volume of 78,903 shares, compared to its average volume of 296,829. TROOPS has a 12-month low of $0.49 and a 12-month high of $3.05. The stock's 50-day simple moving average is $1.22 and its 200 day simple moving average is $0.88.

TROOPS Company Profile

(Get Free Report)

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.

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