Shares of Pinetree Capital Ltd. (TSE:PNP – Get Free Report) crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of C$9.48 and traded as high as C$9.51. Pinetree Capital shares last traded at C$9.45, with a volume of 500 shares traded.
Pinetree Capital Stock Performance
The company has a debt-to-equity ratio of 15.62, a quick ratio of 5.97 and a current ratio of 0.10. The firm has a market cap of C$88.99 million, a P/E ratio of -21.07 and a beta of 1.02. The company’s 50 day moving average is C$9.49 and its 200 day moving average is C$9.24.
Insider Activity at Pinetree Capital
In other news, insider Shezad Kassam Okhai acquired 4,500 shares of the business’s stock in a transaction that occurred on Friday, August 7th. The shares were bought at an average price of C$9.56 per share, with a total value of C$43,020.00. Following the acquisition, the insider directly owned 499,100 shares in the company, valued at C$4,771,396. The trade was a 0.91% increase in their position. In the last three months, insiders acquired 8,000 shares of company stock valued at $75,265. 43.35% of the stock is currently owned by corporate insiders.
About Pinetree Capital
Pinetree Capital Ltd is an investment and merchant banking company. It is engaged in the small-cap market with early-stage investments in resource and technology components. The company has a single reportable geographic segment, Canada. Pinetree’s investment portfolio consists of investments, cash, cash equivalents, and cash due from brokers.
See Also
- Five stocks we like better than Pinetree Capital
- Rocket Lab Tackles a Supply Chain Bottleneck as the Stock Hunts for a Bottom. Time to Buy?
- Optical Cable Corporation Is Starting to Get the Market’s Attention
- Oil Above $100 Is Creating a New Opportunity Beyond the Major Producers
- Is Nike’s Index Demotion a Warning or a Buying Opportunity?
Receive News & Ratings for Pinetree Capital Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pinetree Capital and related companies with MarketBeat.com's FREE daily email newsletter.
