BSQUARE (NASDAQ:BSQR) Earns Sell Rating from Analysts at StockNews.com

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

BSQUARE Stock Performance

Shares of BSQUARE stock opened at $1.17 on Tuesday. BSQUARE has a 12-month low of $1.00 and a 12-month high of $1.50. The firm has a market capitalization of $23.38 million, a price-to-earnings ratio of -8.36 and a beta of 1.27. The firm’s 50 day simple moving average is $1.11 and its two-hundred day simple moving average is $1.15.

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

Institutional Trading of BSQUARE

A hedge fund recently bought a new stake in BSQUARE stock. Millennium Management LLC purchased a new stake in shares of BSQUARE Co. (NASDAQ:BSQR – Get Rating) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 42,098 shares of the software maker’s stock, valued at approximately $53,000. Millennium Management LLC owned 0.21% of BSQUARE as of its most recent filing with the Securities & Exchange Commission. 12.37% of the stock is currently owned by institutional investors.

About BSQUARE

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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.