Westpark Capital Reiterates Buy Rating for SpringBig (NASDAQ:SBIG)

Westpark Capital reaffirmed their buy rating on shares of SpringBig (NASDAQ:SBIGFree Report) in a research note issued to investors on Wednesday, Benzinga reports. They currently have a $1.00 price objective on the stock.

SpringBig Price Performance

SBIG stock opened at $0.10 on Wednesday. The stock has a market capitalization of $4.56 million, a price-to-earnings ratio of -0.53 and a beta of 2.75. The business has a fifty day moving average price of $0.13 and a 200 day moving average price of $0.14. SpringBig has a fifty-two week low of $0.07 and a fifty-two week high of $0.27.

SpringBig (NASDAQ:SBIGGet Free Report) last released its quarterly earnings results on Tuesday, August 13th. The company reported ($0.01) earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of ($0.01). The business had revenue of $6.61 million during the quarter, compared to the consensus estimate of $6.80 million.

SpringBig Company Profile

(Get Free Report)

SpringBig Holdings, Inc develops and operates a software platform that provides marketing and customer engagement services to cannabis dispensaries and brands in the United States and Canada. Its platform offers customer loyalty and marketing automation solutions. The company was founded in 2016 and is headquartered in Boca Raton, Florida.

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