Key Points
- Director Kelvin Soon Sze Lee sold 189,309 Simpple shares at an average price of $1.43, for proceeds of approximately $270,712; the transaction was disclosed in an SEC filing.
- Simpple reported a quarterly loss of $0.11 per share and revenue of $1.96 million. Its shares opened at $2.44, with a 50-day average of $2.06 and a 52-week range of $1.50 to $5.65.
- MarketBeat reports an average analyst rating of Sell; one analyst rates the stock Sell, while Wall Street Zen recently upgraded it from Sell to Hold.
Simpple Ltd. (NASDAQ:SPPL - Get Free Report) CTO Qikai Soo sold 47,171 shares of the company's stock in a transaction that occurred on Wednesday, November 4th. The stock was sold at an average price of $2.58, for a total transaction of $121,701.18. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
Simpple Trading Down 12.5%
Simpple stock opened at $2.44 on Friday. The firm has a 50 day simple moving average of $2.06 and a 200-day simple moving average of $2.65. Simpple Ltd. has a 12-month low of $1.50 and a 12-month high of $5.65.
Simpple (NASDAQ:SPPL - Get Free Report) last announced its earnings results on Saturday, October 31st. The company reported ($0.11) earnings per share for the quarter. The company had revenue of $1.96 million during the quarter.
Analysts Set New Price Targets
A number of equities research analysts have weighed in on the stock. Weiss Ratings reissued a "sell (e+)" rating on shares of Simpple in a report on Thursday, October 15th. Wall Street Zen upgraded shares of Simpple from a "sell" rating to a "hold" rating in a research report on Sunday, September 27th. One investment analyst has rated the stock with a Sell rating. According to data from MarketBeat, the company presently has a consensus rating of "Sell".
Get Our Latest Stock Analysis on Simpple
Institutional Inflows and Outflows
A hedge fund recently bought a new position in Simpple stock. Squarepoint Ops LLC purchased a new stake in Simpple Ltd. (NASDAQ:SPPL - Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 13,309 shares of the company's stock, valued at approximately $52,000. Squarepoint Ops LLC owned approximately 0.23% of Simpple as of its most recent filing with the Securities and Exchange Commission (SEC). Hedge funds and other institutional investors own 0.01% of the company's stock.
About Simpple
(
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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