Pioneering Technology (CVE:PTE) Trading 100% Higher – Here’s Why

Shares of Pioneering Technology Corp. (CVE:PTEGet Free Report) were up 100% during mid-day trading on Thursday . The company traded as high as C$0.02 and last traded at C$0.02. Approximately 473,020 shares were traded during trading, an increase of 634% from the average daily volume of 64,438 shares. The stock had previously closed at C$0.01.

Pioneering Technology Price 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 firm has a market capitalization of C$1.12 million, a PE ratio of -1.00 and a beta of 0.04. The stock has a 50-day moving average price of C$0.01 and a 200 day moving average price of C$0.01.

Pioneering Technology Company Profile

(Get Free Report)

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. The company also provides accessories comprising SmartBurner polish, standard ring replacement set, and low profile ring replacement set.

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