Pineapple Financial (NYSEAMERICAN:PAPL) Stock Price Up 5.7% – What’s Next?

Pineapple Financial Inc. (NYSEAMERICAN:PAPL) shares rose 5.7% on Monday . The stock traded as high as $0.35 and last traded at $0.34. Approximately 22,517 shares traded hands during trading, a decline of 87% from the average daily volume of 171,705 shares. The stock had previously closed at $0.32.

Wall Street Analyst Weigh In

Separately, D. Boral Capital reaffirmed a “buy” rating and set a $5.00 price objective on shares of Pineapple Financial in a research note on Thursday, February 27th.

Pineapple Financial Price Performance

The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.54 and a current ratio of 0.54. The stock has a 50-day simple moving average of $0.42. The company has a market capitalization of $2.41 million, a P/E ratio of -0.50 and a beta of -0.49.

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.