BSQUARE (NASDAQ:BSQR) Upgraded at ValuEngine

ValuEngine upgraded shares of BSQUARE (NASDAQ:BSQR) from a hold rating to a buy rating in a research note released on Thursday morning, ValuEngine reports.

Shares of NASDAQ:BSQR remained flat at $$1.25 during midday trading on Thursday. 1,870 shares of the stock traded hands, compared to its average volume of 31,737. The business has a 50-day moving average of $1.24. The company has a current ratio of 2.12, a quick ratio of 2.12 and a debt-to-equity ratio of 0.02. BSQUARE has a 12-month low of $1.16 and a 12-month high of $2.85.

BSQUARE (NASDAQ:BSQR) last posted its quarterly earnings results on Monday, May 13th. The software maker reported ($0.22) earnings per share for the quarter. The business had revenue of $15.10 million during the quarter. BSQUARE had a negative return on equity of 49.88% and a negative net margin of 20.86%.

In other BSQUARE news, Director Ryan L. Vardeman purchased 61,205 shares of the firm’s stock in a transaction dated Thursday, May 16th. The shares were purchased at an average cost of $1.51 per share, with a total value of $92,419.55. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Company insiders own 13.80% of the company’s stock.

BSQUARE Company Profile

BSQUARE Corporation provides software solutions and related engineering services to businesses that develop, market, and sell standalone intelligent systems in North America, Europe, and Asia. The company offers DataV software solution, which addresses various business use cases specific to Industrial Internet of Things (IIoT) applications, including predictive failure, adaptive diagnostics, and IIoT device management.

Read More: Sell-Side Analysts

To view ValuEngine’s full report, visit ValuEngine’s official website.

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