Pineapple Financial Inc [AMEX: PAPL] traded at a high on Wednesday, posting a 16.22 gain after which it closed the day’ session at $0.53.
The results of the trading session contributed to over 6127680 shares changing hands. Over the past one week, the price volatility of Pineapple Financial Inc stands at 16.15% while the volatility over the past one month is 13.76%.
The market cap for PAPL stock reached $4.65 million, with 8.81 million shares outstanding and 5.25 million shares in the current float. Compared to the average trading volume of 95.11K shares, PAPL reached a trading volume of 6127680 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about Pineapple Financial Inc [PAPL]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for PAPL shares is $5.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on PAPL stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
The Average True Range (ATR) for Pineapple Financial Inc is set at 0.07, with the Price to Sales ratio for PAPL stock in the period of the last 12 months amounting to 0.35. The Price to Book ratio for the last quarter was 5.65, with the Price to Cash per share for the same quarter was set at 0.05.
How has PAPL stock performed recently?
Pineapple Financial Inc [PAPL] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 24.82. With this latest performance, PAPL shares gained by 9.66% in over the last four-week period, additionally sinking by -44.42% over the last 6 months – not to mention a drop of -67.61% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for PAPL stock in for the last two-week period is set at 58.21, with the RSI for the last a single of trading hit 64.80, and the three-weeks RSI is set at 53.73 for Pineapple Financial Inc [PAPL]. The present Moving Average for the last 50 days of trading for this stock 0.4975, while it was recorded at 0.4585 for the last single week of trading, and 0.8537 for the last 200 days.
