Pioneering Technology (CVE:PTE) Hits New 1-Year Low – What’s Next?

Pioneering Technology Corp. (CVE:PTEGet Free Report)’s stock price hit a new 52-week low on Monday . The company traded as low as C$0.01 and last traded at C$0.01, with a volume of 5000 shares trading hands. The stock had previously closed at C$0.02.

Pioneering Technology Stock Performance

The company has a quick ratio of 1.55, a current ratio of 2.90 and a debt-to-equity ratio of 42.72. The stock has a market cap of C$560,400.00, a price-to-earnings ratio of -1.00 and a beta of -2.36. The stock’s fifty day moving average is C$0.01 and its 200-day moving average is C$0.01.

About Pioneering Technology

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Pioneering Technology Corp., an energy smart technology and consumer products company, engages in the development, manufacture, and sale of cooking fire prevention products in Canada and the United States. It offers SmartBurner, a plug-and-play solution for electric coil stoves; SmartRange, an electric glass-top stove solution; Smart Element cooking system; and Smart Micro, a microwave safety solution, as well as Safe-T-sensor.

Further Reading

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