GRNQ analysis

Greenpro Capital Corp. (GRNQ) faces significant challenges as evidenced by its financial performance and market indicators. Here's a detailed analysis:

1. Financial Performance:
   • GRNQ reported a total revenue of $352,755 for the MRQ, marking a 46.42% decrease from the previous year. This decline is a red flag for the company's revenue growth prospects.
   • The net income for the same period was -$635,576, reflecting a substantial loss. The diluted EPS was -$0.08, representing a 100% decrease year-over-year. This indicates a severe deterioration in profitability.
   • Over the last three years, the company experienced a compounded annual growth rate (CAGR) of -65.95% for net income and -66.67% for diluted EPS, with a 2.45% decline in revenue. These figures suggest a consistent downward trend in financial performance.

2. Technical Analysis:
   • The stock's technical indicators show a MACD of 0.02, an RSI of 77.29, and a KDJ of 80.92, suggesting that the stock is currently overbought. This could lead to a potential pullback or consolidation in the near term.
   • The BOLL (Bollinger Bands) is at 1.06, indicating that the stock is trading in the upper part of its recent range. This could also suggest a potential for a move back towards the lower end of the range.

3. Moving Averages:
   • The stock is currently trading above its 5-day, 10-day, and 20-day moving averages, which are $1.11, $1.1, and $1.06 respectively. This indicates a short-term upward trend.
   • However, when compared to the 30-day, 50-day, and 60-day moving averages of $1.02, $0.97, and $0.96, the stock is trading higher, suggesting a potential for continued upward movement.

4. Market Sentiment and Analysts:
   • There is no available data on an analyst price target for GRNQ. This lack of coverage by analysts might reflect a lack of confidence in the company's future prospects.
   • The company's stock is currently trading below its 100-day and 200-day moving averages of $0.99 and $0.99 respectively, which could be seen as a bearish signal.

5. Fund Flow:
   • The company has seen a net fund flow of $60,042.67, with block order net fund flow of $60,409.96. These figures indicate that there is some investor interest in the stock, which could be seen as a positive sign.

6. Compliance and Operational Challenges:
   • GRNQ is facing compliance issues related to its NASDAQ listing, having been notified that it does not comply with the minimum bid price requirement. This adds a layer of uncertainty to the company's future prospects.
   • The company has significant financial health concerns, with negative EBITDA and a weak financial health score. These indicators suggest that the company is struggling financially.

In conclusion, while there is some recent positive momentum in the stock's short-term performance, as indicated by the moving averages and net fund flow, the overall financial health of the company and the lack of analyst coverage suggest that investors should approach with caution. The company's challenges, including a decline in revenue, increased net loss, and compliance issues, highlight the need for close monitoring of future developments.