Pinetree Capital Ltd. (TSE:PNP – Get Free Report)’s stock price passed above its fifty day moving average during trading on Thursday. The stock has a fifty day moving average of C$9.52 and traded as high as C$9.73. Pinetree Capital shares last traded at C$9.59, with a volume of 18,100 shares traded.
Pinetree Capital Stock Up 0.1%
The business has a 50-day moving average price of C$9.52 and a two-hundred day moving average price of C$9.26. The company has a quick ratio of 5.97, a current ratio of 0.10 and a debt-to-equity ratio of 15.62. The firm has a market cap of C$90.02 million, a PE ratio of -21.31 and a beta of 1.03.
Insider Transactions at Pinetree Capital
In related news, insider Shezad Kassam Okhai bought 4,500 shares of the stock in a transaction that occurred on Friday, August 7th. The stock was purchased at an average cost of C$9.56 per share, with a total value of C$43,020.00. Following the purchase, the insider directly owned 499,100 shares of the company’s stock, valued at C$4,771,396. This trade represents a 0.91% increase in their position. Insiders acquired 12,600 shares of company stock valued at $118,777 in the last ninety days. Company insiders own 43.35% of the company’s stock.
Pinetree Capital Company Profile
Pinetree is a value-oriented investment and merchant banking company focused on the technology sector. Pinetree’s common shares are listed on the TSX under the symbol ‘PNP’.
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