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

D. Boral Capital reissued their buy rating on shares of Pineapple Financial (NYSEAMERICAN:PAPL) in a research report released on Thursday morning,Benzinga reports. The brokerage currently has a $5.00 price target on the stock.

Pineapple Financial Trading Down 1.9 %

Shares of PAPL stock opened at $0.36 on Thursday. The firm has a market cap of $3.13 million, a P/E ratio of -0.65 and a beta of -0.49. The company has a debt-to-equity ratio of 0.65, a current ratio of 0.54 and a quick ratio of 0.54. Pineapple Financial has a 12 month low of $0.35 and a 12 month high of $2.14.

Hedge Funds Weigh In On Pineapple Financial

A hedge fund recently bought a new stake in Pineapple Financial stock. Total Investment Management Inc. acquired a new stake in Pineapple Financial Inc. (NYSEAMERICAN:PAPL) in the 3rd quarter, according to its most recent Form 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 0.52% of Pineapple Financial at the end of the most recent quarter. 0.25% of the stock is owned by institutional investors and hedge funds.

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.