Weiss Ratings Reaffirms "Sell (E)" Rating for Aureus Greenway (NASDAQ:AGH)

Key Points

• Weiss Ratings has restated its "Sell (E)" rating for Aureus Greenway (NASDAQ:AGH), indicating ongoing caution regarding the stock's performance.
• Aureus Greenway reported a negative EPS of ($0.02) in its latest quarterly earnings, with a revenue of $0.60 million.
• Insider trading activity includes the sale of 26 million shares by insiders over the last quarter, amounting to approximately $8 million.

Aureus Greenway (NASDAQ:AGH - Get Free Report)'s stock had its "sell (e)" rating restated by stock analysts at Weiss Ratings in a report issued on Wednesday,Weiss Ratings reports.

Separately, Wall Street Zen upgraded shares of Aureus Greenway to a "sell" rating in a research note on Friday, September 5th. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock has an average rating of "Sell".

Aureus Greenway Price Performance

Shares of NASDAQ:AGH traded up $0.02 during trading hours on Wednesday, hitting $3.50. The company's stock had a trading volume of 98,128 shares, compared to its average volume of 1,029,377. Aureus Greenway has a 52 week low of $0.52 and a 52 week high of $7.22. The company has a market capitalization of $51.14 million and a price-to-earnings ratio of -87.50. The firm's fifty day moving average price is $3.43 and its 200 day moving average price is $1.64.

Aureus Greenway (NASDAQ:AGH - Get Free Report) last posted its quarterly earnings results on Thursday, August 14th. The company reported ($0.02) EPS for the quarter. Aureus Greenway had a negative net margin of 15.43% and a negative return on equity of 7.61%. The business had revenue of $0.60 million during the quarter.

Insider Buying and Selling at Aureus Greenway

In related news, Director Ching Ping Stephen Cheung sold 7,000,000 shares of the stock in a transaction on Friday, July 25th. The shares were sold at an average price of $0.29, for a total transaction of $2,030,000.00. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, major shareholder Ace Champion Investments Ltd sold 7,000,000 shares of the stock in a transaction on Friday, July 25th. The stock was sold at an average price of $0.29, for a total transaction of $2,030,000.00. The disclosure for this sale can be found here. Insiders sold 26,000,000 shares of company stock valued at $8,020,000 over the last quarter. Insiders own 38.60% of the company's stock.

Aureus Greenway Company Profile

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.

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