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

Pioneering Technology Corp. (CVE:PTE)’s stock price hit a new 52-week low on Thursday . The company traded as low as C$0.01 and last traded at C$0.01, with a volume of 421000 shares traded. The stock had previously closed at C$0.02.

Pioneering Technology Stock Down 50.0%

The business has a 50-day moving average price of C$0.01 and a 200 day moving average price of C$0.01. The company has a current ratio of 2.90, a quick ratio of 1.55 and a debt-to-equity ratio of 42.72. The stock has a market capitalization of C$560,400.00, a P/E ratio of -1.00 and a beta of -2.36.

Pioneering Technology Company Profile

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.