Simpple (NASDAQ:SPPL) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of Simpple (NASDAQ:SPPL) from a sell rating to a hold rating in a report published on Sunday,Wall Street Zen reports.

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Simpple in a research note on Friday, July 17th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company has a consensus rating of “Sell”.

Simpple Trading Down 0.5%

Shares of SPPL opened at $2.05 on Friday. The business has a 50-day simple moving average of $2.38 and a two-hundred day simple moving average of $2.69. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.80 and a current ratio of 0.91. Simpple has a 52 week low of $1.50 and a 52 week high of $7.00.

Institutional Investors Weigh In On Simpple

A hedge fund recently bought a new position in Simpple stock. Squarepoint Ops LLC acquired a new stake in Simpple Ltd. (NASDAQ:SPPL) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 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 SEC filing. 0.01% of the stock is owned by institutional investors.

About Simpple

Simpple Ltd. is a Singapore-based technology company that provides artificial intelligence-driven smart-building and facilities-management solutions. Its software is designed to help organizations monitor and manage building operations, improve workforce productivity, and make facility services more efficient.

The company’s platform combines artificial intelligence, machine learning, Internet of Things connectivity, and data analytics. Its solutions support activities such as cleaning management, maintenance, inspection and work-order tracking, workforce allocation, occupancy monitoring, and operational reporting.