Free Trial

Pinetree Capital (TSE:PNP) Stock Price Crosses Below 50 Day Moving Average - Should You Sell?

Pinetree Capital logo with Financial Services background

Key Points

  • Pinetree Capital Ltd. (TSE:PNP) has seen its share price fall below the 50-day moving average of C$16.39, with recent trading at C$13.24.
  • The company has a market capitalization of C$124.28 million and a P/E ratio of 6.56, indicating a relatively low valuation.
  • Pinetree Capital focuses on early-stage investments in the small-cap market, particularly in resource and technology sectors, primarily within Canada.
  • Need better tools to track Pinetree Capital? Try 5 Weeks of MarketBeat All Access for $5. Start Portfolio Tracking Now.

Pinetree Capital Ltd. (TSE:PNP - Get Free Report) crossed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of C$16.39 and traded as low as C$13.18. Pinetree Capital shares last traded at C$13.24, with a volume of 9,871 shares.

Pinetree Capital Trading Down 0.1%

The stock has a market capitalization of C$124.28 million, a price-to-earnings ratio of 6.56 and a beta of 0.60. The stock's 50 day moving average is C$16.28 and its two-hundred day moving average is C$16.13.

Pinetree Capital Company Profile

(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.

Recommended Stories

Should You Invest $1,000 in Pinetree Capital Right Now?

Before you consider Pinetree Capital, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Pinetree Capital wasn't on the list.

While Pinetree Capital currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Elon Musk's Next Move Cover

Explore Elon Musk’s boldest ventures yet—from AI and autonomy to space colonization—and find out how investors can ride the next wave of innovation.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Follow the Money: 5 Stocks Institutions Are Buying NOW
Palantir’s Soaring Valuation—Justified or Overhyped?
3 Stocks With Explosive Upside

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines