Support.com, Inc. (NASDAQ:SPRT)’s share price was up 1.2% during trading on Wednesday . The stock traded as high as $2.78 and last traded at $2.45. Approximately 118,051 shares were traded during trading, an increase of 575% from the average daily volume of 17,493 shares. The stock had previously closed at $2.42.
The firm has a market cap of $40.28 million, a P/E ratio of 26.63 and a beta of 0.56.
A number of large investors have recently modified their holdings of the stock. Kennedy Capital Management Inc. boosted its holdings in Support.com by 1.1% in the first quarter. Kennedy Capital Management Inc. now owns 884,325 shares of the technology company’s stock worth $1,999,000 after purchasing an additional 9,411 shares in the last quarter. Aspiriant LLC bought a new stake in Support.com in the first quarter worth $47,000. Two Sigma Securities LLC bought a new stake in Support.com in the fourth quarter worth $39,000. Finally, Virtu Financial LLC bought a new stake in Support.com in the fourth quarter worth $29,000. Hedge funds and other institutional investors own 41.55% of the company’s stock.
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 and outsourced support services for service providers, retailers, original equipment manufacturers (OEMs), warranty providers, Internet of Things solution providers, and technology companies.
Read More: How is an ETF different from a mutual fund?
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.