Analysts have differing opinions on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for PAPL is 3.18M, and currently, short sellers hold a – ratio of that floaft. The average trading volume of PAPL on November 16, 2023 was 1.17M shares.
PAPL) stock’s latest price update
The stock price of Pineapple Financial Inc (AMEX: PAPL) has surged by 28.52 when compared to previous closing price of 2.13, but the company has seen a 90.29% gain in its stock price over the last five trading sessions. Seeking Alpha reported 2023-11-04 that Two IPOs are currently scheduled for the week ahead, although some small issuers may join the calendar late. As of 11/2/2023, the Renaissance IPO Index was up 23.5% year-to-date, while the S&P 500 was up 14.0%. Renaissance Capital’s IPO ETF tracks Renaissance IPO Index, and top ETF holdings include Palantir Technologies and Kenvue.
PAPL’s Market Performance
The simple moving average for the last 20 days is 45.92% for PAPL stock, with a simple moving average of 45.92% for the last 200 days.
PAPL Trading at 45.92% from the 50-Day Moving Average
After a stumble in the market that brought PAPL to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -25.75% of loss for the given period.
During the last 5 trading sessions, PAPL rose by +90.29%, in comparison to the 20-day moving average. In addition, Pineapple Financial Inc saw 21.78% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for PAPL
Equity return is now at value -72.14, with -50.12 for asset returns.
In a nutshell, Pineapple Financial Inc (PAPL) has experienced a better performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.