ProntoForms is still a buy, PI Financial says

Mar 10 20:03 2020 Print This Article

Ahead of the company’s fourth quarter results, PI Financial analyst David Kwan has maintained his “Buy” rating on ProntoForms (ProntoForms Stock Quote, Chart, News TSXV:PFM). On on Thursday, March 12th, before the market open, ProntoForms will report its Q4 and fiscal 2019 results. Kwan said he is expecting fourth quarter EBITDA of negative $300,000 on […]

The post ProntoForms is still a buy, PI Financial says appeared first on Cantech Letter.

Read More

About Article Author

Cantech Letter

Founded in 2008 by Nick Waddell, Cantech Letter is an online magazine focusing on Canadian technology. The site has grown into one of the most popular and respected financial sites in Canada, and was described by Canadian Business Magazine as “one of Canada’s premier technology newsletters”. Waddell, who is Senior Editor, is routinely called on by the mainstream media for perspective on Canadian technology, and has been featured on BNN, CTV News Channel, and the CBC program “The Lang and O’Leary Exchange” in addition to mainstream print media such as The Guardian, The International Business Times, The Globe and Mail, Macleans, The Waterloo Record , Canadian Business, Slate, and Business Insider. You can email Nick at nick@cantechletter.com Cantech Letter is focused on those companies listed on the TSX and TSXV Technology, Cleantech and Life Sciences Sectors. Each year we present the Cantech Letter Awards, which honor Canada’s Top Technology Stock and Top Technology Stock Executive.

  Categories:

Related Items

The state of COVID-19 testing

In these unprecedented times, we know that controlling the spread of novel coronavirus requires social distancing and testing. While all of us are doing our parts to stay at home, there’s a lot of confusion, chaos and frustration surrounding coronavirus testing in the US.  Before going further, ...

Security tips for work from home

With many companies moving to work from home (WFH) over the past few weeks, our portfolio company Kobalt (which provides security as a service for small-and mid-sized companies) has been getting a lot of calls from organizations that have had suffered incidents related to remote work. This is not o ...

Version One quarterly news and COVID-19 response

This has been the longest quarter ever. Early January seems like an eternity ago. Countries, communities and households have been turned upside down.  This time of year, we normally provide a portfolio update that highlights the various product launches, accolades and funding announcements from th ...

Thoughts on the State of DeFi

The last couple of weeks have been quite a test for cryptocurrency markets in general and DeFi in particular. On Black Thursday (March 12), BTC/ETH prices declined by ~50% and DeFi’s flagship project, MakerDAO, ended up with ~$5 million USD in unbacked DAI. You can read Tom Schmidt’s excellent ...

The novel coronavirus could accelerate digital healthcare

It’s been over five years since my friend Jonathan Libov and I wrote a blog series on digital healthcare. I revisit these posts every so often – most recently, when I wrote the 2020 edition of our areas of interest in healthcare. Each time I go back, I’m reminded that despite so much developm ...

Kinaxis is serious about AI, National Bank Financial says

A new acquisition by Kinaxis (Kinaxis Stock Quote, Chart, News TSX:KXS) won’t be immediately adding to the company’s top line but its contribution will be felt in KXS’ artificial intelligence and machine learnings capabilities. So says National Bank Financial analyst Richard Tse who reviewed ...

Canadian tech darlings Shopify and Lightspeed are both buys, this investor says

The market is full of bargains galore right now but if you’re looking at Canadian tech you should be thinking about two recent Canadian tech darlings Shopify (Shopify Stock Quote, Chart, News TSX:SHOP) and Lightspeed POS (Lightspeed POS Stock Quote, Chart, News TSX:LSPD), says Scotia Wealth Manag ...

ProntoForms is still a buy, PI Financial says

Ahead of the company’s fourth quarter results, PI Financial analyst David Kwan has maintained his “Buy” rating on ProntoForms (ProntoForms Stock Quote, Chart, News TSXV:PFM). On on Thursday, March 12th, before the market open, ProntoForms will report its Q4 and fiscal 2019 results. Kwan said ...

Descartes Systems upgraded to “Buy” at Haywood

SaaS logistics and supply chain management company Descartes Systems Group (Descartes Systems Group Stock Quote, Chart, News TSX:DSG) received a rating upgrade from analyst Daniel Rosenberg of Haywood Capital Markets on Thursday as the analyst reviewed Descartes’ latest quarterly results. Rosenbe ...

Is now the right time to buy Shopify?

Is Shopify (Shopify Stock Quote, Chart, News TSX:SHOP) a buy here? Certainly, the e-commerce sensation has had a run for the ages over the past 12 months and with the business firing on all cylinders prospects should be good that SHOP will soon get back to its winning ways. That’s possible, says ...