Pinetree Capital Ltd. (TSE:PNP - Get Free Report) shares crossed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of C$18.70 and traded as low as C$17.50. Pinetree Capital shares last traded at C$17.60, with a volume of 10,005 shares.
Pinetree Capital Stock Down 2.6%
The company has a 50 day moving average of C$18.81 and a two-hundred day moving average of C$14.82. The firm has a market cap of C$168.03 million, a P/E ratio of 8.87 and a beta of 0.60.
Insider Buying and Selling
In other Pinetree Capital news, insider L6 Holdings Inc. sold 11,000 shares of the company's stock in a transaction dated Friday, March 21st. The shares were sold at an average price of C$13.95, for a total transaction of C$153,450.00. Over the last ninety days, insiders sold 63,300 shares of company stock worth $1,117,830. Corporate insiders own 43.35% of the company's stock.
About Pinetree Capital
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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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