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

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

Pineapple Financial Stock Performance

Shares of NYSEAMERICAN:PAPL opened at $0.45 on Wednesday. The stock has a market cap of $4.00 million, a price-to-earnings ratio of -0.81 and a beta of -0.59. 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 12 month low of $0.41 and a 12 month high of $2.14.

Institutional Trading of Pineapple Financial

An institutional investor recently bought a new position in Pineapple Financial stock. Total Investment Management Inc. acquired a new stake in shares of Pineapple Financial Inc. (NYSEAMERICAN:PAPL) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 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. 0.25% of the stock is currently owned by institutional investors.

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.