Pivotree Inc. (CVE:PVT – Get Free Report)’s stock price hit a new 52-week low during trading on Thursday . The stock traded as low as C$1.00 and last traded at C$1.00, with a volume of 3900 shares trading hands. The stock had previously closed at C$1.08.
Analyst Upgrades and Downgrades
A number of research firms recently commented on PVT. National Bank Financial lowered shares of Pivotree from a “strong-buy” rating to a “hold” rating in a research note on Friday, May 10th. National Bankshares cut Pivotree from an “outperform” rating to a “sector perform” rating and decreased their target price for the stock from C$3.00 to C$2.00 in a research report on Monday, May 13th. Cormark dropped their price target on Pivotree from C$3.50 to C$2.50 in a research report on Wednesday, August 14th. Canaccord Genuity Group reduced their price objective on Pivotree from C$1.70 to C$1.25 and set a “hold” rating for the company in a research note on Wednesday, August 14th. Finally, Paradigm Capital lowered their target price on Pivotree from C$4.25 to C$4.00 and set a “buy” rating on the stock in a research note on Monday, May 13th.
Pivotree Stock Performance
Pivotree Company Profile
Pivotree Inc designs, integrates, deploys, and manages digital platforms in commerce, data management, and supply chain for retail and branded manufacturers in Canada and internationally. The company offers infrastructure deployment, data transaction, subscription license, system and application triage and support, configuration management, and security services, as well as provides web and application hosting services.
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