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Pinetree Capital (TSE:PNP) Share Price Passes Below Fifty Day Moving Average - What's Next?

Pinetree Capital logo with Financial Services background

Key Points

  • Pinetree Capital Ltd. shares have fallen below their fifty day moving average of C$14.39, trading as low as C$14.03 during the day.
  • The company currently has a market cap of C$132.92 million, a price-to-earnings ratio of 4.27, and a beta of 0.43.
  • Pinetree Capital is focused on small-cap investments in the resource and technology sectors within Canada.
  • Five stocks to consider instead of Pinetree Capital.

Pinetree Capital Ltd. (TSE:PNP - Get Free Report) shares crossed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of C$14.39 and traded as low as C$14.03. Pinetree Capital shares last traded at C$14.16, with a volume of 3,723 shares traded.

Pinetree Capital Trading Up 1.8%

The business's fifty day simple moving average is C$14.39 and its 200 day simple moving average is C$16.27. The stock has a market cap of C$132.92 million, a price-to-earnings ratio of 4.27 and a beta of 0.43.

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.

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