Support.com (SPRT) Sets New 1-Year Low at $2.29

Share on StockTwits

Support.com, Inc. (NASDAQ:SPRT) shares reached a new 52-week low during mid-day trading on Tuesday . The stock traded as low as $2.29 and last traded at $2.35, with a volume of 65877 shares traded. The stock had previously closed at $2.44.

Separately, TheStreet raised Support.com from a “d+” rating to a “c” rating in a report on Wednesday, September 5th.

The firm has a market capitalization of $46.15 million, a PE ratio of 30.50 and a beta of 0.76.

Support.com (NASDAQ:SPRT) last posted its quarterly earnings data on Wednesday, November 7th. The technology company reported $0.05 earnings per share (EPS) for the quarter. Support.com had a positive return on equity of 2.67% and a negative net margin of 14.38%. The firm had revenue of $18.02 million for the quarter.

A hedge fund recently raised its stake in Support.com stock. Dimensional Fund Advisors LP boosted its position in shares of Support.com, Inc. (NASDAQ:SPRT) by 87.0% during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 81,592 shares of the technology company’s stock after buying an additional 37,960 shares during the quarter. Dimensional Fund Advisors LP owned approximately 0.44% of Support.com worth $233,000 as of its most recent SEC filing. 36.98% of the stock is owned by institutional investors and hedge funds.

COPYRIGHT VIOLATION WARNING: “Support.com (SPRT) Sets New 1-Year Low at $2.29” was posted by Week Herald and is the property of of Week Herald. If you are accessing this story on another site, it was illegally copied and republished in violation of international copyright law. The correct version of this story can be accessed at https://weekherald.com/2018/12/19/support-com-sprt-sets-new-1-year-low-at-2-29.html.

About Support.com (NASDAQ:SPRT)

Support.com, Inc provides customer support services, end user software, and cloud-based software primarily in the United States. The company offers turnkey, outsourced support services for service providers, retailers, consumer electronics brands and warranty providers, Internet of Things solution providers, and technology companies.

Read More: S&P 500 Index

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

Leave a Reply