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

by · The Cerbat Gem

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

TROOPS Stock Performance

The company has a 50 day simple moving average of $2.98 and a 200 day simple moving average of $2.62.

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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