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

D. Boral Capital reaffirmed their buy rating on shares of Pineapple Financial (NYSEAMERICAN:PAPL) in a research report report published on Wednesday morning,Benzinga reports. The firm currently has a $5.00 price objective on the stock.

Pineapple Financial Price Performance

Shares of PAPL stock opened at $0.53 on Wednesday. The company has a market cap of $4.65 million, a P/E ratio of -0.94 and a beta of -0.59. Pineapple Financial has a 52-week low of $0.41 and a 52-week high of $2.14. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.64 and a current ratio of 0.64.

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 position in Pineapple Financial Inc. (NYSEAMERICAN:PAPL) during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 43,564 shares of the company’s stock, valued at approximately $30,000. Total Investment Management Inc. owned 0.52% of Pineapple Financial at the end of the most recent quarter. 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.