Pineapple Financial (NYSEAMERICAN:PAPL) Stock Price Down 1.8%

Pineapple Financial Inc. (NYSEAMERICAN:PAPL)’s share price was down 1.8% during mid-day trading on Thursday . The stock traded as low as $0.76 and last traded at $0.79. Approximately 14,051 shares changed hands during trading, a decline of 46% from the average daily volume of 25,786 shares. The stock had previously closed at $0.80.

Wall Street Analyst Weigh In

Separately, EF Hutton Acquisition Co. I raised shares of Pineapple Financial to a “strong-buy” rating in a report on Wednesday, May 29th.

Pineapple Financial Trading Down 1.8 %

The company has a current ratio of 2.03, a quick ratio of 2.03 and a debt-to-equity ratio of 0.30.

Pineapple Financial (NYSEAMERICAN:PAPL) last announced its quarterly earnings results on Monday, April 15th. The company reported ($0.10) earnings per share (EPS) for the quarter. The company had revenue of $0.79 million for the quarter. Pineapple Financial had a negative net margin of 118.09% and a negative return on equity of 109.39%.

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.