TROOPS (NASDAQ:TROO) Shares Down 3.5% – Here’s Why

TROOPS, Inc. (NASDAQ:TROOGet Free Report)’s share price was down 3.5% on Tuesday . The stock traded as low as $2.22 and last traded at $2.22. Approximately 4,221 shares changed hands during mid-day trading, a decline of 96% from the average daily volume of 100,727 shares. The stock had previously closed at $2.30.

TROOPS Price Performance

The company has a fifty day moving average price of $3.07 and a two-hundred day moving average price of $2.61.

About TROOPS

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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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