Support.com (NASDAQ:SPRT) Share Price Passes Above Two Hundred Day Moving Average of $1.79
Support.com, Inc. (NASDAQ:SPRT) shares passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $1.79 and traded as high as $1.69. Support.com shares last traded at $1.67, with a volume of 10,355 shares.
Separately, ValuEngine upgraded Support.com from a “hold” rating to a “buy” rating in a report on Tuesday, July 2nd.
The business has a fifty day simple moving average of $1.60 and a 200-day simple moving average of $1.79. The firm has a market cap of $31.68 million, a P/E ratio of 8.79 and a beta of 0.09.
A number of institutional investors and hedge funds have recently bought and sold shares of SPRT. Vanguard Group Inc. raised its holdings in Support.com by 31.8% in the second quarter. Vanguard Group Inc. now owns 996,045 shares of the technology company’s stock worth $1,614,000 after purchasing an additional 240,293 shares in the last quarter. Perritt Capital Management Inc. bought a new position in Support.com in the second quarter worth $162,000. JBF Capital Inc. raised its holdings in Support.com by 24.5% in the second quarter. JBF Capital Inc. now owns 327,757 shares of the technology company’s stock worth $531,000 after purchasing an additional 64,501 shares in the last quarter. Finally, Acadian Asset Management LLC bought a new position in Support.com in the second quarter worth $33,000. Institutional investors and hedge funds own 33.33% of the company’s stock.
Support.com Company Profile (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 and outsourced support services for service providers, retailers, original equipment manufacturers (OEMs), warranty providers, Internet of Things solution providers, and technology companies.
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