Pinetree Capital Ltd. (TSE:PNP – Get Free Report) shares reached a new 52-week high during mid-day trading on Monday . The stock traded as high as C$16.50 and last traded at C$16.40, with a volume of 11541 shares. The stock had previously closed at C$15.71.
Pinetree Capital Trading Up 4.3 %
The company has a market capitalization of C$153.85 million, a PE ratio of 8.12 and a beta of 0.60. The business has a fifty day moving average of C$13.79 and a 200 day moving average of C$11.48.
Insider Buying and Selling
In other Pinetree Capital news, insider L6 Holdings Inc. sold 3,000 shares of the company’s stock in a transaction dated Wednesday, March 19th. The stock was sold at an average price of C$14.26, for a total transaction of C$42,780.00. Insiders have sold a total of 38,100 shares of company stock valued at $537,291 in the last ninety days. Company insiders own 43.35% of the company’s stock.
About Pinetree Capital
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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