Simpple (NASDAQ:SPPL) Releases Quarterly Earnings Results

Simpple (NASDAQ:SPPL – Get Free Report) posted its quarterly earnings results on Saturday. The company reported ($0.11) EPS for the quarter, reports. The firm had revenue of $1.96 million during the quarter.

Simpple Stock Performance

SPPL opened at $2.32 on Monday. Simpple has a twelve month low of $1.50 and a twelve month high of $6.20. The company has a fifty day moving average of $2.03 and a 200-day moving average of $2.66.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Simpple stock. Susquehanna International Group LLP purchased a new position in Simpple Ltd. (NASDAQ:SPPL – Free Report) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 29,444 shares of the company’s stock, valued at approximately $115,000. Susquehanna International Group LLP owned 0.51% of Simpple at the end of the most recent quarter. 0.01% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research analysts have commented on SPPL shares. Weiss Ratings reissued a “sell (e+)” rating on shares of Simpple in a research note on Thursday, October 15th. Wall Street Zen raised shares of Simpple from a “sell” rating to a “hold” rating in a report on Sunday, September 27th. One equities research analyst has rated the stock with a Sell rating. Based on data from MarketBeat, Simpple has a consensus rating of “Sell”.

Check Out Our Latest Stock Analysis 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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