Pinetree Capital (TSE:PNP) Hits New 1-Year Low – Here’s What Happened

Pinetree Capital Ltd. (TSE:PNPGet Free Report)’s stock price hit a new 52-week low during mid-day trading on Monday . The company traded as low as C$9.26 and last traded at C$9.70, with a volume of 9752 shares trading hands. The stock had previously closed at C$9.83.

Pinetree Capital Stock Performance

The stock has a market cap of C$90.58 million, a PE ratio of 3.20 and a beta of 0.67. The firm has a 50-day moving average price of C$11.36 and a 200-day moving average price of C$12.65.

About Pinetree Capital

(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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