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Pinetree Capital (TSE:PNP) Reaches New 1-Year High - Should You Buy?

Pinetree Capital logo with Financial Services background

Pinetree Capital Ltd. (TSE:PNP - Get Free Report)'s share price hit a new 52-week high during mid-day trading on Friday . The company traded as high as C$18.40 and last traded at C$18.25, with a volume of 56353 shares traded. The stock had previously closed at C$17.80.

Pinetree Capital Stock Performance

The stock has a 50-day moving average of C$15.67 and a two-hundred day moving average of C$12.74. The company has a market cap of C$176.94 million, a P/E ratio of 9.34 and a beta of 0.60.

Insider Activity

In other news, insider L6 Holdings Inc. sold 3,000 shares of the business's stock in a transaction that occurred on Wednesday, March 19th. The shares were sold at an average price of C$14.26, for a total transaction of C$42,780.00. Over the last quarter, insiders have sold 38,100 shares of company stock valued at $537,291. 43.35% of the stock is currently owned by company insiders.

About Pinetree Capital

(Get Free Report)

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.

See Also

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