Springview (NASDAQ:SPHL) Issues Quarterly Earnings Results

Springview (NASDAQ:SPHL) released its quarterly earnings results on Tuesday. The company reported ($0.07) earnings per share (EPS) for the quarter, FiscalAI reports. The company had revenue of $1.57 million for the quarter.

Springview Stock Down 4.2%

Shares of NASDAQ:SPHL opened at $2.27 on Wednesday. Springview has a fifty-two week low of $1.92 and a fifty-two week high of $25.11. The firm has a 50-day simple moving average of $2.74 and a 200 day simple moving average of $3.58.

Wall Street Analyst Weigh In

Several research firms recently issued reports on SPHL. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Springview in a research note on Friday, March 27th. Wall Street Zen raised shares of Springview to a “sell” rating in a research report on Saturday, February 7th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Springview has an average rating of “Sell”.

Springview Company Profile

Our company, through our indirect wholly owned subsidiary, Springview Enterprises Pte. Ltd. (“Springview Singapore”), designs and constructs residential and commercial buildings in Singapore. Our projects cover four main types of work: (i) new construction, (ii) reconstruction, (iii) additions and alterations (A&A), and (iv) other general contracting services. For new construction, an existing house will be demolished, and a new house will be rebuilt. Our reconstruction work involves replacement of a substantial part of a house.