Pioneering Technology (CVE:PTE) Sets New 52-Week Low – Here’s Why

Pioneering Technology Corp. (CVE:PTEGet Free Report) reached 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 4000 shares. The stock had previously closed at C$0.02.

Pioneering Technology Stock Down 33.3 %

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

Pioneering Technology Company Profile

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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.

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