Pioneering Technology Corp. (CVE:PTE – Get Free Report)’s share price shot up 100% during mid-day trading on Thursday . The company traded as high as C$0.02 and last traded at C$0.02. 671,020 shares changed hands during trading, an increase of 268% from the average session volume of 182,193 shares. The stock had previously closed at C$0.01.
Pioneering Technology Stock Performance
The firm has a market capitalization of C$1.12 million, a price-to-earnings ratio of -1.00 and a beta of 0.04. The firm has a 50 day moving average price of C$0.01 and a 200-day moving average price of C$0.01. The company has a debt-to-equity ratio of 42.72, a current ratio of 2.90 and a quick ratio of 1.55.
Pioneering Technology Company Profile
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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