Pinetree Capital (TSE:PNP) Shares Pass Above Fifty Day Moving Average – Time to Sell?

Pinetree Capital Ltd. (TSE:PNPGet Free Report) crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of C$7.36 and traded as high as C$9.00. Pinetree Capital shares last traded at C$8.95, with a volume of 2,958 shares trading hands.

Pinetree Capital Trading Down 0.4 %

The company has a debt-to-equity ratio of 0.35, a quick ratio of 5.97 and a current ratio of 8.14. The company has a market cap of C$84.04 million, a P/E ratio of 6.30 and a beta of 0.60. The business has a fifty day simple moving average of C$7.36 and a 200 day simple moving average of C$6.53.

Pinetree Capital Company Profile

(Get Free Report)

Pinetree Capital Ltd. is a venture capital and private equity firm specializing in early, later stage venture, middle market, mature, later stage, turnaround and growth capital investments in micro and small cap companies. The firm prefers to invest in enterprise software, financial and healthcare industries.

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