Shares of Pioneering Technology Corp. (CVE:PTE – Get Free Report) shot up 100% during trading on Thursday . The stock traded as high as C$0.02 and last traded at C$0.02. 671,020 shares were traded during mid-day trading, an increase of 268% from the average session volume of 182,193 shares. The stock had previously closed at C$0.01.
Pioneering Technology Price Performance
The company has a debt-to-equity ratio of 42.72, a quick ratio of 1.55 and a current ratio of 2.90. The firm’s fifty day simple moving average is C$0.01 and its 200 day simple moving average is C$0.01. The firm has a market cap of C$1.12 million, a P/E 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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