StockNews.com Commences Analysis of BSQUARE, Sets 'Sell' Rating

Analysts from StockNews.com have recently initiated coverage on BSQUARE Corporation shares, under the ticker NASDAQ:BSQR. On Friday, they released a research note to investors indicating that they have assigned a 'sell' rating to the company's stock.

Meanwhile, in a separate development, TheStreet upgraded the rating of BSQUARE from 'd+' to 'c-' on November 13th, hinting at a slightly improved outlook on the stock.

BSQUARE Stock Price Sees Slight Decline

On the trading floor, BSQUARE's stock started the day at $1.89 on Friday, showing a modest decline of 0.5%. Notably, the stock has experienced a low of $1.05 and a peak of $1.90 over the past year. Currently, the company holds a market capitalization of approximately $37.55 million. With a P/E ratio standing at -14.54 and a beta of 1.19, BSQUARE's 50-day moving average comes in at $1.68 against a 200-day moving average of $1.38.

BSQUARE released its earnings data from the last quarter on November 9th, revealing an earnings per share deficit of $0.06. The company's quarterly revenue was reported at $9.29 million. The net margin has remained negative at 8.41%, and the return on equity was reported at -7.16%.

Movements Among Institutional Investors

In the realm of institutional investments, there has been a flux of activity regarding the ownership of BSQUARE stock. Geode Capital Management LLC boosted its stake by 34.0% in the second quarter, now holding 141,790 shares valued at around $184,000. Buckingham Strategic Wealth LLC reported a significant increase in their holdings by 514.7%, now owning 126,668 shares valued at approximately $165,000. Adding to these moves, Renaissance Technologies LLC increased their share count by 16.3% in the second quarter, holding 57,000 shares worth about $74,000. Lastly, Millennium Management LLC has opened a new investment in BSQUARE in the same period, valued at $53,000. Institutional investors and hedge funds currently own 21.86% of BSQUARE's shares.

Understanding BSQUARE Corporation

BSQUARE Corporation is a company deeply involved in the development and deployment of technology solutions for manufacturers and operators of connected devices across North America, Europe, and Asia. The business operates across two primary segments: Partner Solutions and Edge to Cloud. They offer a range of software products designed to facilitate the creation of intelligent device systems, providing crucial operating system software and services for a plethora of connected and intelligent devices, which include everything from point-of-sale terminals and ATMs to smart healthcare devices.

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