Pioneering Technology (CVE:PTE) Hits New 1-Year Low – Time to Sell?

Pioneering Technology Corp. (CVE:PTEGet Free Report)’s share price hit a new 52-week low during trading on Tuesday . The stock traded as low as C$0.01 and last traded at C$0.01, with a volume of 226000 shares changing hands. The stock had previously closed at C$0.02.

Pioneering Technology Stock Performance

The company has a quick ratio of 1.55, a current ratio of 2.90 and a debt-to-equity ratio of 42.72. The business has a 50 day moving average price of C$0.01 and a two-hundred day moving average price of C$0.01. The stock has a market cap of C$560,400.00, a P/E ratio of -1.00 and a beta of -2.36.

Pioneering Technology Company Profile

(Get Free Report)

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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