Wall Street Zen Upgrades Springview (NASDAQ:SPHL) to “Sell”

Springview (NASDAQ:SPHL) was upgraded by equities researchers at Wall Street Zen to a “sell” rating in a research note issued on Saturday.

Separately, Weiss Ratings restated a “sell (d)” rating on shares of Springview in a research report on Monday, December 29th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company has an average rating of “Sell”.

Springview Stock Up 12.4%

Shares of SPHL opened at $4.90 on Friday. Springview has a 1 year low of $1.92 and a 1 year high of $62.40. The company has a 50 day simple moving average of $3.94 and a two-hundred day simple moving average of $4.03.

Springview (NASDAQ:SPHL) last issued its earnings results on Friday, September 26th. The company reported ($0.08) earnings per share for the quarter. The company had revenue of $1.47 million for the quarter.

Springview Company Profile

Our company, through our indirect wholly owned subsidiary, Springview Enterprises Pte. Ltd. (“Springview Singapore”), designs and constructs residential and commercial buildings in Singapore. Our projects cover four main types of work: (i) new construction, (ii) reconstruction, (iii) additions and alterations (A&A), and (iv) other general contracting services. For new construction, an existing house will be demolished, and a new house will be rebuilt. Our reconstruction work involves replacement of a substantial part of a house.