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

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

BSQUARE Stock Performance

NASDAQ:BSQR opened at $1.23 on Thursday. The company has a market capitalization of $25.18 million, a price-to-earnings ratio of -7.23 and a beta of 1.41. BSQUARE has a one year low of $1.10 and a one year high of $2.97. The stock has a 50-day simple moving average of $1.32 and a 200 day simple moving average of $1.45.

Hedge Funds Weigh In On BSQUARE

A hedge fund recently bought a new stake in BSQUARE stock. Millennium Management LLC bought a new position in BSQUARE Co. (NASDAQ:BSQRGet Rating) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 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 SEC filing. 9.06% of the stock is owned by institutional investors.

About BSQUARE

(Get Rating)

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.

Read More

Receive News & Ratings for BSQUARE Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BSQUARE and related companies with MarketBeat.com's FREE daily email newsletter.