Roma Green Finance (NASDAQ:ROMA) Shares Up 5.7% – Here’s What Happened

Shares of Roma Green Finance Limited (NASDAQ:ROMA) rose 5.7% on Thursday . The stock traded as high as $8.81 and last traded at $9.27. 1,353 shares traded hands during trading, a decline of 100% from the average daily volume of 317,826 shares. The stock had previously closed at $8.77.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on ROMA. Weiss Ratings reissued a “sell (e+)” rating on shares of Roma Green Finance in a research report on Friday, July 17th. Wall Street Zen raised Roma Green Finance to a “hold” rating in a research report on Saturday, April 4th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Roma Green Finance has an average rating of “Sell”.

Roma Green Finance Stock Up 3.9%

The company’s 50 day moving average is $8.01 and its 200-day moving average is $5.47.

Roma Green Finance declared that its Board of Directors has approved a stock buyback program on Monday, March 30th that allows the company to buyback $0.00 in shares. This buyback authorization allows the financial services provider to repurchase shares of its stock through open market purchases. Stock buyback programs are often a sign that the company’s management believes its stock is undervalued.

Roma Green Finance Company Profile

Roma Green Finance Limited, through its subsidiaries, provides environmental, social, and governance (ESG); sustainability; and climate change related advisory services in Hong Kong and Singapore. It also offers sustainability program development, ESG reporting, corporate governance and risk management, climate change strategies and solutions, environmental audit, ESG rating support and shareholder communication, and education and training services. The company was founded in 2018 and is based in Wan Chai, Hong Kong.