BUUU Group Limited’s (NASDAQ:BUUU) Lock-Up Period To Expire on February 10th

BUUU Group’s (NASDAQ:BUUU) lock-up period will expire on Tuesday, February 10th. BUUU Group had issued 1,500,000 shares in its IPO on August 14th. The total size of the offering was $6,000,000 based on an initial share price of $4.00. Shares of the company owned by company insiders and major shareholders will be eligible for trade following the end of the lock-up period.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reissued a “sell (e)” rating on shares of BUUU Group in a research report on Monday, December 29th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, BUUU Group presently has a consensus rating of “Sell”.

BUUU Group Stock Up 5.0%

NASDAQ BUUU opened at $9.59 on Friday. The company has a current ratio of 1.61, a quick ratio of 1.61 and a debt-to-equity ratio of 0.02. BUUU Group has a 52 week low of $3.67 and a 52 week high of $20.76. The firm’s 50-day simple moving average is $8.14.

About BUUU Group

Established in 2017, we have rapidly grown into a premier Meetings, Incentives, Conferences, and Exhibitions (“MICE”) solutions provider based in Hong Kong. Our comprehensive marketing service portfolio is designed to meet the diverse needs of our clients, spanning across two core areas: (i) event management and (ii) stage production. (a) Event management services In the realm of event management, our operating subsidiary, BU Creation, excels as creative planners and meticulous executors. We curate and manage a wide spectrum of events, including cultural, artistic, recreational, and corporate promotions.