Pineapple Financial (NYSEAMERICAN:PAPL) Price Target Cut to $5.00 by Analysts at D. Boral Capital

Pineapple Financial (NYSEAMERICAN:PAPL) had its target price decreased by investment analysts at D. Boral Capital from $5.50 to $5.00 in a research note issued on Monday,Benzinga reports. The firm presently has a “buy” rating on the stock.

Pineapple Financial Price Performance

Shares of Pineapple Financial stock opened at $0.52 on Monday. Pineapple Financial has a 1 year low of $0.41 and a 1 year high of $2.14. The company has a quick ratio of 1.52, a current ratio of 1.52 and a debt-to-equity ratio of 0.45.

Institutional Trading of Pineapple Financial

An institutional investor recently bought a new position in Pineapple Financial stock. Total Investment Management Inc. purchased a new position in Pineapple Financial Inc. (NYSEAMERICAN:PAPL) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 43,564 shares of the company’s stock, valued at approximately $30,000. Total Investment Management Inc. owned about 0.52% of Pineapple Financial at the end of the most recent reporting period. 0.25% of the stock is currently owned by institutional investors and hedge funds.

About Pineapple Financial

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.