As expected, $PAPL is flying today. Considering impressive quarterly earnings with revenue growth of over 20.43%, the stock is still undervalued and has potential to go up further. Now, $PAPL is trading above the 20-day MA and on the verge of breaking above the 50-day MA of 1.04. Once the stock breaches it, it may fill the gap to $1.50.
This week, Pineapple Financial (NYSE American: PAPL) reported that revenue soared 20.50% to $736,448.
Residential Mortgage Loans grew 22.72% to $377.64 million.
The company’s cash position is healthy with over $1 million as of May 31, 2024.