BSQUARE (NASDAQ:BSQR) Now Covered by Analysts at StockNews.com

Posted by on Jun 8th, 2023

Equities research analysts at StockNews.com assumed coverage on shares of BSQUARE (NASDAQ:BSQR – Get Rating) in a note issued to investors on Thursday. The firm set a “sell” rating on the software maker’s stock.

BSQUARE Trading Up 4.1 %

Shares of BSQUARE stock opened at $1.28 on Thursday. BSQUARE has a 12-month low of $1.00 and a 12-month high of $1.50. The firm’s 50 day simple moving average is $1.13 and its two-hundred day simple moving average is $1.16. The firm has a market capitalization of $25.59 million, a price-to-earnings ratio of -9.14 and a beta of 1.29.

BSQUARE (NASDAQ:BSQR – Get Rating) last issued its earnings results on Tuesday, March 7th. The software maker reported ($0.05) earnings per share (EPS) for the quarter. BSQUARE had a negative return on equity of 7.84% and a negative net margin of 8.71%. The firm had revenue of $7.96 million during the quarter.

Institutional Trading of BSQUARE

A hedge fund recently bought a new stake in BSQUARE stock. Millennium Management LLC bought a new stake in BSQUARE Co. (NASDAQ:BSQR – Get Rating) in the 2nd quarter, according to its most recent filing with the SEC. The fund bought 42,098 shares of the software maker’s stock, valued at approximately $53,000. Millennium Management LLC owned 0.21% of BSQUARE at the end of the most recent reporting period. 12.37% of the stock is currently owned by institutional investors.

BSQUARE Company Profile

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BSQUARE Corp. engages in the provision of computer software and services. The firm designs, configures, and deploys technologies for manufacturers and operators of connected devices. It operates through the Partner Solutions and Edge to Cloud segments. The Partner Solutions segment includes the embedded operating system and software services.

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