Pinetree Capital Ltd. (TSE:PNP - Get Free Report) passed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of C$18.28 and traded as low as C$18.09. Pinetree Capital shares last traded at C$18.50, with a volume of 21,798 shares changing hands.
Pinetree Capital Stock Down 2.8%
The company has a market capitalization of C$176.94 million, a price-to-earnings ratio of 9.34 and a beta of 0.60. The stock's fifty day moving average price is C$18.57 and its 200-day moving average price is C$14.66.
Insider Activity
In related news, insider L6 Holdings Inc. sold 14,900 shares of the business's stock in a transaction on Tuesday, May 13th. The shares were sold at an average price of C$23.47, for a total transaction of C$349,703.00. Insiders have sold 66,300 shares of company stock worth $1,160,610 over the last ninety days. Insiders own 43.35% of the company's stock.
Pinetree Capital Company Profile
(
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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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