L6 Holdings Inc. Purchases 17,100 Shares of Pinetree Capital (TSE:PNP) Stock

Pinetree Capital Ltd. (TSE:PNP) insider L6 Holdings Inc. acquired 17,100 shares of the firm’s stock in a transaction that occurred on Friday, May 22nd. The stock was acquired at an average cost of C$8.68 per share, with a total value of C$148,428.00. Following the completion of the acquisition, the insider directly owned 3,194,400 shares in the company, valued at approximately C$27,727,392. This represents a 0.54% increase in their ownership of the stock.

L6 Holdings Inc. also recently made the following trade(s):

• On Thursday, May 21st, L6 Holdings Inc. bought 500 shares of Pinetree Capital stock. The shares were acquired at an average cost of C$8.55 per share, for a total transaction of C$4,275.00.
• On Monday, May 25th, L6 Holdings Inc. purchased 21,300 shares of Pinetree Capital stock. The shares were acquired at an average price of C$8.75 per share, with a total value of C$186,375.00.
• On Tuesday, May 26th, L6 Holdings Inc. purchased 1,300 shares of Pinetree Capital stock. The stock was acquired at an average cost of C$8.72 per share, with a total value of C$11,336.00.

Pinetree Capital Trading Up 3.4%

TSE:PNP opened at C$8.90 on Thursday. The stock has a market cap of C$83.54 million, a price-to-earnings ratio of -4.22 and a beta of 0.89. The company has a debt-to-equity ratio of 0.26, a quick ratio of 5.97 and a current ratio of 15.62. Pinetree Capital Ltd. has a 1 year low of C$7.61 and a 1 year high of C$20.90. The business has a fifty day moving average of C$8.93 and a 200-day moving average of C$10.09.

Pinetree Capital Company Profile

Pinetree Capital Ltd is an investment and merchant banking company. It is engaged in the small-cap market with early-stage investments in resource and technology components. The company has a single reportable geographic segment, Canada. Pinetree’s investment portfolio consists of investments, cash, cash equivalents, and cash due from brokers.