StockNews.com Begins Coverage on BSQUARE (NASDAQ:BSQR)

StockNews.com initiated coverage on shares of BSQUARE (NASDAQ:BSQRGet Rating) in a research report report published on Saturday morning. The firm issued a sell rating on the software maker’s stock.

BSQR stock opened at $1.36 on Friday. The firm has a 50 day moving average price of $1.53 and a 200-day moving average price of $1.67. BSQUARE has a 52-week low of $1.19 and a 52-week high of $8.20. The firm has a market capitalization of $27.81 million, a price-to-earnings ratio of -11.33 and a beta of 1.52.

BSQUARE (NASDAQ:BSQRGet Rating) last released its earnings results on Thursday, March 10th. The software maker reported ($0.04) earnings per share (EPS) for the quarter. BSQUARE had a negative net margin of 5.66% and a negative return on equity of 7.20%. The business had revenue of $9.08 million for the quarter.

A number of hedge funds and other institutional investors have recently made changes to their positions in BSQR. Renaissance Technologies LLC purchased a new position in BSQUARE in the 4th quarter worth approximately $483,000. Morgan Stanley raised its holdings in BSQUARE by 188.5% in the 3rd quarter. Morgan Stanley now owns 275,280 shares of the software maker’s stock worth $663,000 after acquiring an additional 179,847 shares during the last quarter. Schonfeld Strategic Advisors LLC purchased a new position in BSQUARE in the 3rd quarter worth approximately $242,000. Goldman Sachs Group Inc. purchased a new position in BSQUARE in the 4th quarter worth approximately $56,000. Finally, Virtu Financial LLC purchased a new position in BSQUARE in the 4th quarter worth approximately $53,000. Institutional investors own 10.93% of the company’s stock.

BSQUARE Company Profile (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.

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