Pinetree Capital (TSE:PNP) Shares Cross Above Fifty Day Moving Average – Time to Sell?

Pinetree Capital Ltd. (TSE:PNPGet Free Report)’s share price crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of C$7.65 and traded as high as C$9.25. Pinetree Capital shares last traded at C$9.00, with a volume of 9,101 shares changing hands.

Pinetree Capital Price Performance

The stock has a market cap of C$84.51 million, a PE ratio of 6.34 and a beta of 0.60. The firm’s fifty day moving average price is C$7.65 and its 200 day moving average price is C$6.68. The company has a quick ratio of 5.97, a current ratio of 8.14 and a debt-to-equity ratio of 0.35.

Pinetree Capital Company Profile

(Get Free Report)

Pinetree Capital Ltd. is a venture capital and private equity firm specializing in early, later stage venture, middle market, mature, later stage, turnaround and growth capital investments in micro and small cap companies. The firm prefers to invest in enterprise software, financial and healthcare industries.

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