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

StockNews.com started coverage on shares of BSQUARE (NASDAQ:BSQR – Get Rating) in a research report sent to investors on Monday morning. The brokerage issued a sell rating on the software maker’s stock.

BSQUARE Price Performance

BSQR opened at $1.19 on Monday. BSQUARE has a fifty-two week low of $1.00 and a fifty-two week high of $1.86. The firm has a market capitalization of $24.39 million, a price-to-earnings ratio of -7.00 and a beta of 1.23. The company’s 50 day moving average price is $1.13 and its two-hundred day moving average price is $1.19.

BSQUARE (NASDAQ:BSQR – Get Rating) last posted its quarterly earnings data 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 during the quarter.

Institutional Investors Weigh In On BSQUARE

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