Pinetree Capital (TSE:PNP) Shares Cross Above 50-Day Moving Average – Time to Sell?

Pinetree Capital Ltd. (TSE:PNPGet Free Report) passed 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 Stock Up 4.3 %

The company has a debt-to-equity ratio of 0.35, a current ratio of 8.14 and a quick ratio of 5.97. The firm’s 50-day moving average price is C$7.70 and its 200 day moving average price is C$6.71. The firm has a market capitalization of C$88.17 million, a price-to-earnings ratio of 6.61 and a beta of 0.60.

About Pinetree Capital

(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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