Simpple (NASDAQ:SPPL) Announces Quarterly Earnings Results

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

Simpple Stock Performance

Shares of NASDAQ:SPPL opened at $2.32 on Friday. Simpple has a 12-month low of $1.50 and a 12-month high of $6.20. The business has a 50 day moving average of $2.03 and a 200-day moving average of $2.66.

Hedge Funds Weigh In On Simpple

A hedge fund recently bought a new position in Simpple stock. Susquehanna International Group LLP purchased a new stake in Simpple Ltd. (NASDAQ:SPPL – Free Report) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund 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 reporting period. 0.01% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on SPPL shares. Wall Street Zen upgraded Simpple from a “sell” rating to a “hold” rating in a research note on Sunday, September 27th. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Simpple in a report on Thursday, October 15th. One research analyst has rated the stock with a Sell rating. According to data from MarketBeat.com, the stock presently has an average rating of “Sell”.

View Our Latest Stock Analysis on Simpple

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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