Pioneering Technology Corp. (CVE:PTE – Get Free Report)’s share price shot up 100% during mid-day trading on Thursday . The stock traded as high as C$0.02 and last traded at C$0.02. 577,020 shares traded hands during mid-day trading, an increase of 266% from the average session volume of 157,693 shares. The stock had previously closed at C$0.01.
Pioneering Technology Trading Up 100.0%
The business’s 50-day moving average is C$0.01 and its two-hundred day moving average is C$0.01. The company has a current ratio of 2.90, a quick ratio of 1.55 and a debt-to-equity ratio of 42.72. The stock has a market capitalization of C$1.12 million, a PE ratio of -1.00 and a beta of 0.04.
About Pioneering Technology
Pioneering Technology Corp., an energy smart technology and consumer products company, engages in the development, manufacture, and sale of cooking fire prevention products in Canada and the United States. It offers SmartBurner, a plug-and-play solution for electric coil stoves; SmartRange, an electric glass-top stove solution; Smart Element cooking system; and Smart Micro, a microwave safety solution, as well as Safe-T-sensor. The company also provides accessories comprising SmartBurner polish, standard ring replacement set, and low profile ring replacement set.
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