Pivotree (CVE:PVT) Stock Falls 1.8% – What’s Next?

Shares of Pivotree Inc. (CVE:PVT) traded down 1.8% on Thursday. The stock traded as low as C$1.06 and last traded at C$1.08. 920 shares changed hands during trading, a decline of 91% from the average daily volume of 10,164 shares. The stock had previously closed at C$1.10.

Pivotree Price Performance

The company’s 50-day moving average price is C$1.21 and its two-hundred day moving average price is C$1.42. The company has a market cap of C$26.58 million, a P/E ratio of 20.20 and a beta of -1.31. The company has a current ratio of 6.33, a quick ratio of 1.95 and a debt-to-equity ratio of 0.45.

About Pivotree

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. It serves automotive, retail, manufacturing, distributors, and ecommerce sectors.