Pioneering Technology Corp. (CVE:PTE – Get Free Report) rose 100% during mid-day trading on Thursday . The stock traded as high as C$0.02 and last traded at C$0.02. Approximately 671,020 shares changed hands during mid-day trading, an increase of 268% from the average daily volume of 182,193 shares. The stock had previously closed at C$0.01.
Pioneering Technology Price Performance
The stock has a market cap of C$1.12 million, a P/E ratio of -1.00 and a beta of 0.04. The company’s 50 day moving average price is C$0.01 and its 200-day moving average price is C$0.01. The company has a quick ratio of 1.55, a current ratio of 2.90 and a debt-to-equity ratio of 42.72.
About Pioneering Technology
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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