Simpple (NASDAQ:SPPL) Issues Quarterly Earnings Results

Simpple (NASDAQ:SPPL – Get Free Report) released its quarterly earnings data on Friday. The company reported ($0.11) EPS for the quarter, reports. The business had revenue of $1.96 million for the quarter.

Simpple Stock Up 1.0%

SPPL traded up $0.02 during trading on Friday, reaching $2.17. The stock had a trading volume of 8,018 shares, compared to its average volume of 477,659. The business has a 50-day moving average of $2.03 and a 200-day moving average of $2.67. Simpple has a one year low of $1.50 and a one year high of $6.20.

Institutional Investors Weigh In On Simpple

A hedge fund recently bought a new position in Simpple stock. Squarepoint Ops LLC acquired a new stake in shares of Simpple Ltd. (NASDAQ:SPPL – Free Report) during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm acquired 13,309 shares of the company’s stock, valued at approximately $52,000. Squarepoint Ops LLC owned 0.23% of Simpple at the end of the most recent reporting period. Hedge funds and other institutional investors own 0.01% of the company’s stock.

Analyst Upgrades and Downgrades

SPPL has been the topic of a number of recent research reports. Wall Street Zen upgraded Simpple from a “sell” rating to a “hold” rating in a research note on Sunday, September 27th. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Simpple in a research report on Thursday, October 15th. One equities research analyst has rated the stock with a Sell rating. According to data from MarketBeat, Simpple presently has an average rating of “Sell”.

Read Our Latest Report on SPPL

Simpple Company Profile

(Get Free Report)

Simpple Ltd. is a Singapore-based technology company that develops artificial intelligence and Internet of Things solutions for smart building management. Its software is designed to help building owners and facility managers monitor and improve the operation of commercial properties and other managed spaces.

The company’s platform integrates data from sensors, connected devices and other building systems to provide insights into occupancy, space utilization, environmental conditions and facility operations.

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