Pineapple Financial’s (PAPL) “Buy” Rating Reaffirmed at D. Boral Capital

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

Pineapple Financial Stock Down 2.1 %

Shares of PAPL traded down $0.01 during trading hours on Thursday, reaching $0.36. 6,613 shares of the stock traded hands, compared to its average volume of 265,321. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.54 and a current ratio of 0.54. The stock has a market cap of $3.13 million, a price-to-earnings ratio of -0.65 and a beta of -0.49. Pineapple Financial has a 52-week low of $0.35 and a 52-week high of $2.14.

Institutional Investors 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 Pineapple Financial Inc. (NYSEAMERICAN:PAPL) during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 43,564 shares of the company’s stock, valued at approximately $30,000. Total Investment Management Inc. owned 0.52% of Pineapple Financial as of its most recent filing with the SEC. 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.