Pioneering Technology (CVE:PTE) Hits New 1-Year High – Should You Buy?

Pioneering Technology Corp. (CVE:PTE) reached a new 52-week high on Tuesday . The company traded as high as C$0.02 and last traded at C$0.02, with a volume of 111000 shares trading hands. The stock had previously closed at C$0.02.

Pioneering Technology Price Performance

The firm has a market cap of C$840,630.00, a price-to-earnings ratio of -1.50 and a beta of -0.43. 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 stock has a 50-day moving average of C$0.02 and a 200-day moving average of C$0.01.

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.