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Tag: Greenpro Capital

  • What Caused Greenpro (GRNQ) Stock To Fell Nearly 6%?

    During after-hours trading hours on Monday, the share price of Greenpro Capital Corp. (GRNQ) fell by -5.38% to $0.88. A gain of 14.81% ended the regular trading session at $0.93 for GRNQ stock. The GRNQ stock price ranged between $0.8152 and $1.12.

    GRNQ stock traded 5.25 million shares, outpacing its daily average of 2.07 million shares over 100 days. The last five days have seen GRNQ shares rise by 6.90%, but in the last month, they fell by -31.62%. Investors took profits from gains garnered in regular trades in extended trades, causing GRNQ stock to fall after hours.

    Has GRNQ stock been going well lately?

    Greenpro is a Nevada corporation based in Kuala Lumpur with strategic offices across Asia. The GRNQ Business Incubator has diversified its portfolio of businesses in the areas of fintech, technology, banking, cryptocurrency, health and wellness, and fine art. In addition to trust and wealth management, GRNQ stock provides a comprehensive range of cross-border business solutions, including listing advisory services, record management services, transaction services, tax advisory services, and accounting outsourcing services. In addition, GRNQ’s venture capital division provides financial services, technology, and FinTech consulting, as well as health and wellness services to start-ups as well as high growth firms.

    As of this month, Greenpro has committed up to $5 million in funding for STO (Security Token Offering) projects on CryptoSX Digital Asset Exchange (CryptoSX).

    • Through its partnership with CryptoSX, GRNQ will drive transformational investments and create world-class blockchain companies.
    • As of now, GRNQ stock has already identified several investment opportunities in energy storage, health, and defi lending.
    • GRNQ will increase shareholders value by investing in pre-STO projects that are best in class, rather than waiting for its portfolio companies to achieve their IPO events. IPOs for smaller companies are commonly very expensive and lengthy.
    • CryptoSX, in the Philippines, is a fully licensed and regulated exchange under CEZA that has already listed 6 security token offerings (STOs) since the start of 2019.
    • Additionally, CryptoSX is working on nine other STO projects for secondary trading and primary listing in the second half of 2021.

    GRNQ’s investment strategy:

    Through sophisticated capital deployment, GRNQ stock has already demonstrated its ability to transform markets by empowering bright and experienced entrepreneurs with its investments including World Championship Air Race (June 2021), Angkasa-X LEO Satellite Company (May 2021), South East Asia Technology Ventures (January 2021) and Global Leaders Corporation (May 2021).

    GRNQ’s potential and plans:

    Furthermore, Greenpro (GRNQ) plans to set up its Bitcoin Fund by December 2021. GRNQ helps daring entrepreneurs build legendary companies from the very first idea through IPO and beyond. GRNQ’s strategy keeps evolving to facilitate the advancement of the human race by harnessing emerging technologies which also generate compound returns for its stakeholders.

  • Profitable Stocks to Watch on a potentially Slow Day

    Profitable Stocks to Watch on a potentially Slow Day

    U.S markets are headed for a weak start to the day this morning. In early morning trading, the S&P 500, the Dow and the NASDAQ are all in the red. The weakness is in tandem with similar trends in the European markets where key markets are all in the red.

    The FTSE, the DAX, and the CAC 40 are all in the red this morning. This weakness follows data pointing to an increase in the number of COVID-19 infections and deaths. So far, the number of deaths from COVID-19 has crossed one million, and there is no clear cut solution to the problem at the moment. The fear of increased COVID-19 cases had dampened the mood in the market, even as investors wait for a possible stimulus package from the U.S government.

    The rising number of deaths has also affected the oil markets as crude oil prices drop due to the sustained decline in demand. According to an AxiCorp market strategist, investors are now watching for signs of demand increase in the U.S markets.

    Essentially, most markets are largely expected to trade in negative territory today. Despite the overall market weakness, there are stocks that are performing quite well this morning and are expected to do well in the day. Some of the top stock top performers this morning that could sustain momentum all through the day are as below:

    Westwater Resources Inc [NASDAQ: WWR]

    This is a top performer this morning and is up by over 50% pre-market.  The interesting aspect to it is that there is no major news driving the momentum. However, the stock, like others in its sector, has been gaining upside momentum lately.

    This is driven by increased demand for EV batteries as society increasingly adopts electric vehicles as a solution to fighting climate change. Part of this company’s portfolio is the exploration of lithium deposits, which are critical to the battery making process.

    Greenpro Capital Corp [NASDAQ: GRNQ]

    Greenpro Capital Corp is another top performer this afternoon and is up by over 50%. While there is no news around it, this stock is still riding on its earlier updates on its cryptoSX exchange and its Decentralized Finance businesses.  These are key growth areas as blockchain continues to revolutionize the finance world, and investors expect these two businesses to drive Greenpro business long term.

    LM Funding America Inc [NASDAQ: LMFA]

    LM Funding America Inc is also quite strong this morning and is up by over 21%. Like most top performers this morning, this is largely a price action driven move, triggered by an increase in buying volumes.