Simpple (NASDAQ:SPPL) Upgraded by Wall Street Zen to Hold Rating

Simpple (NASDAQ:SPPL) was upgraded by equities researchers at Wall Street Zen to a “hold” rating in a report released on Saturday.

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Simpple in a research report on Tuesday, April 21st. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Simpple currently has an average rating of “Sell”.

Simpple Trading Up 2.2%

NASDAQ SPPL opened at $3.78 on Friday. Simpple has a 52 week low of $1.50 and a 52 week high of $7.00. The company has a quick ratio of 0.80, a current ratio of 0.91 and a debt-to-equity ratio of 0.12. The company has a 50-day moving average price of $2.52 and a 200-day moving average price of $3.11.

Simpple (NASDAQ:SPPL) last released its quarterly earnings results on Wednesday, April 8th. The company reported ($0.16) EPS for the quarter. The firm had revenue of $0.92 million for the quarter.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Simpple stock. Connective Capital Management LLC purchased a new position in Simpple Ltd. (NASDAQ:SPPL) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 7,862 shares of the company’s stock, valued at approximately $46,000. Connective Capital Management LLC owned 0.16% of Simpple at the end of the most recent reporting period. Institutional investors own 0.01% of the company’s stock.

Simpple Company Profile

Simpple Ltd. provides advanced technology solutions in Singapore. The company engages in the sale, warranty, and maintenance of autonomous robotic cleaning equipment. It also offers SIMPPLE Ecosystem platform includes SIMPPLE Software, a software platform comprising modules related to quality management, workflow management, and people management; SIMPPLE PLUS, which offers complimentary peripherals, such as IoT sensors and robotic solutions that add value to the entire ecosystem that the company distributes, sells, and manages; and SIMPPLE.AI, a next generation facilities management autonomic intelligence engine that automates robotic and human workforce deployments.