Pineapple Financial (NYSEAMERICAN:PAPL) Shares Up 4.8%

Pineapple Financial Inc. (NYSEAMERICAN:PAPL)’s share price shot up 4.8% during mid-day trading on Tuesday . The company traded as high as $0.84 and last traded at $0.84. 86,954 shares changed hands during mid-day trading, a decline of 45% from the average session volume of 157,308 shares. The stock had previously closed at $0.80.

Analyst Upgrades and Downgrades

Separately, EF Hutton Acquisition Co. I raised shares of Pineapple Financial to a “strong-buy” rating in a research report on Wednesday, May 29th.

Pineapple Financial Stock Performance

The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.52 and a current ratio of 1.52.

Pineapple Financial (NYSEAMERICAN:PAPL) last released its earnings results on Monday, July 15th. The company reported ($0.12) earnings per share (EPS) for the quarter. The firm had revenue of $0.74 million during the quarter. Pineapple Financial had a negative net margin of 113.63% and a negative return on equity of 113.80%.

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.