D. Boral Capital Reiterates “Buy” Rating for Pineapple Financial (NYSEAMERICAN:PAPL)

Pineapple Financial (NYSEAMERICAN:PAPL)‘s stock had its “buy” rating restated by equities researchers at D. Boral Capital in a research note issued on Thursday,Benzinga reports. They currently have a $5.00 target price on the stock.

Pineapple Financial Trading Up 3.9 %

Shares of PAPL stock opened at $0.37 on Thursday. The company has a quick ratio of 0.54, a current ratio of 0.54 and a debt-to-equity ratio of 0.65. Pineapple Financial has a 12 month low of $0.34 and a 12 month high of $2.14. The company has a market capitalization of $3.26 million, a price-to-earnings ratio of -0.67 and a beta of -0.49.

Hedge Funds Weigh In On Pineapple Financial

An institutional investor recently bought a new position in Pineapple Financial stock. Total Investment Management Inc. purchased a new stake in shares of Pineapple Financial Inc. (NYSEAMERICAN:PAPL) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 43,564 shares of the company’s stock, valued at approximately $30,000. Total Investment Management Inc. owned approximately 0.52% of Pineapple Financial at the end of the most recent reporting period. Hedge funds and other institutional investors own 0.25% of the company’s stock.

Pineapple Financial Company Profile

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.