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.
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.
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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.
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