BSQUARE (NASDAQ:BSQR) Coverage Initiated at StockNews.com

Stock analysts at StockNews.com began coverage on shares of BSQUARE (NASDAQ:BSQR – Get Rating) in a research report issued on Monday. The brokerage set a “sell” rating on the software maker’s stock.

BSQUARE Price Performance

Shares of NASDAQ BSQR opened at $1.19 on Monday. BSQUARE has a one year low of $1.00 and a one year high of $1.86. The business’s fifty day moving average price is $1.13 and its 200-day moving average price is $1.19. The stock has a market capitalization of $24.39 million, a PE ratio of -7.00 and a beta of 1.23.

BSQUARE (NASDAQ:BSQR – Get Rating) last issued its quarterly earnings results on Thursday, November 10th. The software maker reported ($0.05) EPS for the quarter. BSQUARE had a negative net margin of 9.09% and a negative return on equity of 9.02%. The firm had revenue of $8.41 million for the quarter.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in BSQUARE stock. Millennium Management LLC acquired a new position in shares of BSQUARE Co. (NASDAQ:BSQR – Get Rating) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 42,098 shares of the software maker’s stock, valued at approximately $53,000. Millennium Management LLC owned approximately 0.21% of BSQUARE as of its most recent filing with the Securities and Exchange Commission. 12.37% of the stock is currently owned by hedge funds and other institutional investors.

About BSQUARE

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BSQUARE Corporation develops and deploys technologies for the makers and operators of connected devices in North America, Europe, and Asia. The company operates through two segments, Partner Solutions and Edge to Cloud. It offers software that connect devices to create intelligent systems; and embedded operating system software and services for makers of connected and intelligent devices, such as point-of-sale terminals, kiosks, tablets and handheld data collection devices, smart vending machines, ATMs, essential equipment in buildings and facilities environments, digital signs, and in-vehicle telematics and entertainment devices.