Pivotree Inc. (CVE:PVT) Director Brian O’neil Purchases 10,200 Shares

Pivotree Inc. (CVE:PVT) Director Brian O’neil purchased 10,200 shares of the firm’s stock in a transaction that occurred on Friday, October 4th. The shares were bought at an average cost of C$1.15 per share, for a total transaction of C$11,730.00.

Brian O’neil also recently made the following trade(s):

• On Wednesday, October 2nd, Brian O’neil purchased 7,550 shares of Pivotree stock. The stock was purchased at an average price of C$1.00 per share, with a total value of C$7,550.00.

Pivotree Stock Performance

CVE PVT opened at C$1.15 on Friday. The company has a market cap of C$30.26 million, a P/E ratio of -3.11 and a beta of 0.23. The company has a fifty day simple moving average of C$1.13 and a 200 day simple moving average of C$1.34. Pivotree Inc. has a 12-month low of C$0.98 and a 12-month high of C$2.20. The company has a current ratio of 2.80, a quick ratio of 1.95 and a debt-to-equity ratio of 0.73.

Pivotree (CVE:PVT) last posted its earnings results on Tuesday, August 13th. The company reported C($0.12) earnings per share for the quarter. The company had revenue of C$20.26 million during the quarter, compared to the consensus estimate of C$20.75 million. Pivotree had a negative net margin of 11.79% and a negative return on equity of 17.41%. Sell-side analysts predict that Pivotree Inc. will post 0.0800215 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on PVT shares. Cormark cut their target price on shares of Pivotree from C$3.50 to C$2.50 in a research report on Wednesday, August 14th. Canaccord Genuity Group cut their price target on shares of Pivotree from C$1.70 to C$1.25 and set a “hold” rating on the stock in a report on Wednesday, August 14th.

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.