Aureus Greenway (NASDAQ:AGH) Shares Down 9.1% – Here’s Why

Aureus Greenway Holdings Inc. (NASDAQ:AGH) shares traded down 9.1% on Friday . The stock traded as low as $4.70 and last traded at $4.82. 963,933 shares traded hands during mid-day trading, a decline of 46% from the average session volume of 1,788,248 shares. The stock had previously closed at $5.30.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Aureus Greenway in a report on Monday, December 29th. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock has an average rating of “Sell”.

Aureus Greenway Price Performance

The stock has a 50-day moving average of $4.08 and a 200 day moving average of $4.24. The company has a market cap of $72.59 million and a P/E ratio of -24.10.

Institutional Trading of Aureus Greenway

A number of institutional investors and hedge funds have recently made changes to their positions in the company. Cantor Fitzgerald L. P. bought a new position in Aureus Greenway in the third quarter valued at approximately $892,000. GM Advisory Group LLC bought a new stake in Aureus Greenway during the third quarter worth $155,000. Geode Capital Management LLC boosted its holdings in shares of Aureus Greenway by 27.3% in the 4th quarter. Geode Capital Management LLC now owns 103,436 shares of the company’s stock valued at $326,000 after purchasing an additional 22,172 shares in the last quarter. HRT Financial LP acquired a new stake in shares of Aureus Greenway in the 4th quarter valued at $51,000. Finally, State Street Corp increased its stake in shares of Aureus Greenway by 233.0% in the 4th quarter. State Street Corp now owns 34,300 shares of the company’s stock valued at $108,000 after purchasing an additional 24,000 shares during the last quarter.

About Aureus Greenway

We own and operate two public golf country clubs in Florida that each features a golf-club, consisting of over 289 acres of multi-service recreational property. Our golf country clubs include two golf-courses with over 13,000 yards of combined fairways, clubhouses boasting food and beverage options, aquatic golf ranges, and pro shops to assist any level of golfer. We believe our golf country clubs are a serene combination of approachable golf and nature that are designed to appeal to local residents and tourists alike.