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

Pioneering Technology Corp. (CVE:PTEGet Free Report)’s stock price hit a new 52-week high on Wednesday . The company traded as high as C$0.03 and last traded at C$0.03, with a volume of 5900 shares traded. The stock had previously closed at C$0.02.

Pioneering Technology Stock Performance

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’s 50-day moving average is C$0.02 and its two-hundred day moving average is C$0.02. The stock has a market cap of C$1.40 million, a P/E ratio of -2.50 and a beta of -0.46.

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. The company also provides accessories comprising SmartBurner polish, standard ring replacement set, and low profile ring replacement set.

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