Pivotree (CVE:PVT) Stock Price Down 2.9% – Here’s Why

Pivotree Inc. (CVE:PVTGet Free Report)’s share price traded down 2.9% on Thursday . The company traded as low as C$1.35 and last traded at C$1.35. 1,500 shares changed hands during trading, a decline of 88% from the average daily volume of 12,853 shares. The stock had previously closed at C$1.39.

Pivotree Stock Down 2.9%

The firm has a 50 day simple moving average of C$1.48 and a two-hundred day simple moving average of C$1.65. The company has a market capitalization of C$35.34 million, a PE ratio of 8.44 and a beta of -1.01. The company has a current ratio of 6.35, a quick ratio of 1.95 and a debt-to-equity ratio of 0.52.

About Pivotree

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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.

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