Pioneering Technology (CVE:PTE) Hits New 12-Month Low – Here’s Why

Pioneering Technology Corp. (CVE:PTEGet Free Report)’s share price reached a new 52-week low on Friday . The company traded as low as C$0.01 and last traded at C$0.01, with a volume of 9000 shares trading hands. The stock had previously closed at C$0.02.

Pioneering Technology Stock Down 50.0 %

The stock’s 50-day moving average price is C$0.01 and its two-hundred day moving average price is C$0.01. The stock has a market capitalization of C$560,400.00, a P/E ratio of -1.00 and a beta of -2.36. The company has a current ratio of 2.90, a quick ratio of 1.55 and a debt-to-equity ratio of 42.72.

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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