Pineapple Financial (NYSEAMERICAN:PAPL) Price Target Lowered to $5.00 at D. Boral Capital

Pineapple Financial (NYSEAMERICAN:PAPL) had its price objective decreased by D. Boral Capital from $5.50 to $5.00 in a report published on Monday,Benzinga reports. D. Boral Capital currently has a buy rating on the stock.

Pineapple Financial Stock Performance

Shares of NYSEAMERICAN:PAPL opened at $0.52 on Monday. Pineapple Financial has a 12-month low of $0.41 and a 12-month high of $2.14. The company has a current ratio of 1.52, a quick ratio of 1.52 and a debt-to-equity ratio of 0.45.

Institutional Trading of Pineapple Financial

An institutional investor recently bought a new position in Pineapple Financial stock. Total Investment Management Inc. bought a new stake in Pineapple Financial Inc. (NYSEAMERICAN:PAPL) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 43,564 shares of the company’s stock, valued at approximately $30,000. Total Investment Management Inc. owned 0.52% of Pineapple Financial at the end of the most recent reporting period. 0.25% of the stock is owned by institutional investors and hedge funds.

About Pineapple Financial

Pineapple Financial Inc operates as a mortgage technology and brokerage company in Canada. The company provides mortgage brokerage services and technology solutions to Canadian mortgage agents, brokers, sub-brokers, brokerages, and consumers; and mortgage consultation services through field agents. It also operates MyPineapple, a technology platform that allows users to conduct their brokerage services.