Pioneering Technology (CVE:PTE) Reaches New 52-Week High – Should You Buy?

Pioneering Technology Corp. (CVE:PTEGet Free Report)’s share price reached a new 52-week high on Monday . The stock traded as high as C$0.02 and last traded at C$0.02, with a volume of 2000 shares traded. The stock had previously closed at C$0.02.

Pioneering Technology Price 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 firm has a market cap of C$1.12 million, a price-to-earnings ratio of -2.00 and a beta of -2.36. The stock’s fifty day moving average price is C$0.01 and its 200-day moving average price is C$0.01.

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.

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