Pivotree (CVE:PVT) Upgraded by Canaccord Genuity Group to Moderate Buy Rating

Pivotree (CVE:PVT) was upgraded by equities researchers at Canaccord Genuity Group from a “hold” rating to a “moderate buy” rating in a research note issued to investors on Thursday,Zacks.com reports.

Pivotree Price Performance

Shares of PVT stock opened at C$1.37 on Thursday. The firm has a market cap of C$36.18 million, a P/E ratio of -2.77 and a beta of 0.22. The firm has a fifty day moving average of C$1.09 and a two-hundred day moving average of C$1.00. The company has a debt-to-equity ratio of 1.21, a current ratio of 2.10 and a quick ratio of 1.95. Pivotree has a 1-year low of C$0.73 and a 1-year high of C$1.65.

Pivotree Company Profile

Pivotree Inc designs, integrates, deploys, and manages digital platforms in commerce, data management, and supply chain for retail and branded manufacturers in Canada and internationally. The company offers infrastructure deployment, data transaction, subscription license, system and application triage and support, configuration management, and security services, as well as provides web and application hosting services.