Pinetree Capital (TSE:PNP) Reaches New 12-Month Low – What’s Next?

Pinetree Capital Ltd. (TSE:PNPGet Free Report)’s share price reached a new 52-week low on Thursday . The stock traded as low as C$8.99 and last traded at C$8.94, with a volume of 6113 shares. The stock had previously closed at C$9.30.

Pinetree Capital Stock Performance

The stock’s 50-day moving average is C$9.89 and its 200 day moving average is C$11.23. The firm has a market cap of C$83.92 million, a P/E ratio of 8.51 and a beta of 0.74. The company has a debt-to-equity ratio of 0.21, a quick ratio of 5.97 and a current ratio of 63.66.

Pinetree Capital Company Profile

(Get Free Report)

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.

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