Pioneering Technology (CVE:PTE) Sets New 12-Month High – Still a Buy?

Pioneering Technology Corp. (CVE:PTEGet Free Report) shares reached a new 52-week high on Tuesday . The stock traded as high as C$0.02 and last traded at C$0.01, with a volume of 29000 shares traded. The stock had previously closed at C$0.02.

Pioneering Technology Stock Performance

The company has a quick ratio of 1.54, a current ratio of 2.90 and a debt-to-equity ratio of 42.72. The stock has a 50 day simple moving average of C$0.02 and a 200 day simple moving average of C$0.02. The company has a market capitalization of C$840,630.00, a price-to-earnings ratio of -1.50 and a beta of 0.33.

Pioneering Technology Company Profile

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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. The company also provides accessories comprising SmartBurner polish, standard ring replacement set, and low profile ring replacement set.

Further Reading

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