Pinetree Capital Ltd. (TSE:PNP – Get Free Report)’s stock price passed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of C$12.32 and traded as low as C$10.31. Pinetree Capital shares last traded at C$10.71, with a volume of 12,780 shares changing hands.
Pinetree Capital Stock Down 1.7%
The stock has a 50 day simple moving average of C$12.32 and a 200 day simple moving average of C$15.51. The company has a market cap of C$100.53 million, a price-to-earnings ratio of 3.55 and a beta of 0.40.
About Pinetree Capital
Pinetree Capital Ltd is an investment and merchant banking company. It is engaged in the small-cap market with early-stage investments in resource and technology components. The company has a single reportable geographic segment, Canada. Pinetree’s investment portfolio consists of investments, cash, cash equivalents, and cash due from brokers.
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