Pineapple Financial (NYSEAMERICAN:PAPL) Given “Buy” Rating at D. Boral Capital

Pineapple Financial (NYSEAMERICAN:PAPL)‘s stock had its “buy” rating reaffirmed by equities researchers at D. Boral Capital in a report released on Wednesday,Benzinga reports. They presently have a $5.00 target price on the stock.

Pineapple Financial Stock Up 2.0 %

Shares of NYSEAMERICAN PAPL opened at $0.45 on Wednesday. The company has a quick ratio of 0.64, a current ratio of 0.64 and a debt-to-equity ratio of 0.60. Pineapple Financial has a 1 year low of $0.41 and a 1 year high of $2.14. The stock has a market cap of $4.00 million, a price-to-earnings ratio of -0.81 and a beta of -0.59.

Institutional Investors Weigh In On Pineapple Financial

A hedge fund recently bought a new stake in Pineapple Financial stock. Total Investment Management Inc. purchased a new stake in Pineapple Financial Inc. (NYSEAMERICAN:PAPL) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). 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 as of its most recent SEC filing. Institutional investors own 0.25% of the company’s stock.

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.