Support.com (SPRT) Upgraded to C by TheStreet

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TheStreet upgraded shares of Support.com (NASDAQ:SPRT) from a d+ rating to a c rating in a research note published on Wednesday.

Shares of SPRT stock remained flat at $$2.77 during trading hours on Wednesday. The stock had a trading volume of 1,540 shares, compared to its average volume of 26,620. The stock has a market cap of $51.71 million, a P/E ratio of 137.50 and a beta of 0.64. Support.com has a fifty-two week low of $2.22 and a fifty-two week high of $3.15.

An institutional investor recently raised its position in Support.com stock. Dimensional Fund Advisors LP lifted its holdings in shares of Support.com, Inc. (NASDAQ:SPRT) by 87.0% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 81,592 shares of the technology company’s stock after buying an additional 37,960 shares during the period. Dimensional Fund Advisors LP owned about 0.44% of Support.com worth $233,000 at the end of the most recent reporting period. Institutional investors own 36.10% of the company’s stock.

Support.com Company Profile

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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