Pioneering Technology (CVE:PTE) Sets New 52-Week Low – Time to Sell?

Pioneering Technology Corp. (CVE:PTEGet Free Report) shares reached a new 52-week low on Monday . The stock traded as low as C$0.01 and last traded at C$0.01, with a volume of 6000 shares changing hands. The stock had previously closed at C$0.02.

Pioneering Technology Stock 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 company has a market cap of C$560,400.00, a P/E ratio of -1.00 and a beta of -2.36. The company’s 50-day moving average is C$0.01 and its two-hundred day moving average is C$0.01.

About Pioneering Technology

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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.

Further Reading

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