Pinnacle Renewable Energy (TSE:PL) Stock Price Down 0.1% – What’s Next?

Shares of Pinnacle Renewable Energy Inc. (TSE:PLGet Free Report) fell 0.1% during mid-day trading on Tuesday . The stock traded as low as C$11.29 and last traded at C$11.29. 18,797 shares changed hands during trading, a decline of 91% from the average session volume of 210,578 shares. The stock had previously closed at C$11.30.

Pinnacle Renewable Energy Price Performance

The company has a fifty day simple moving average of C$11.29. The company has a market cap of C$376.63 million and a price-to-earnings ratio of -74.77. The company has a quick ratio of 0.41, a current ratio of 0.88 and a debt-to-equity ratio of 231.46.

Pinnacle Renewable Energy Company Profile

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Pinnacle Renewable Energy Inc, together with its subsidiaries, manufactures, distributes, and sells industrial wood pellets for industrial electrical power generation and home heating consumption in North America, Asia, and Europe. The company produces renewable fuel in the form of industrial wood pellets for electricity generation, which are used by utilities and large-scale power generators to produce renewable and baseload power.

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