Pinetree Capital (TSE:PNP) Insider Shezad Kassam Okhai Purchases 2,100 Shares of Stock

Pinetree Capital Ltd. (TSE:PNP) insider Shezad Kassam Okhai acquired 2,100 shares of Pinetree Capital stock in a transaction that occurred on Tuesday, August 4th. The shares were purchased at an average cost of C$9.27 per share, with a total value of C$19,467.00. Following the transaction, the insider owned 494,200 shares of the company’s stock, valued at approximately C$4,581,234. The trade was a 0.43% increase in their position.

Shezad Kassam Okhai also recently made the following trade(s):

• On Wednesday, August 5th, Shezad Kassam Okhai bought 400 shares of Pinetree Capital stock. The stock was purchased at an average cost of C$9.32 per share, for a total transaction of C$3,728.00.
• On Friday, August 7th, Shezad Kassam Okhai purchased 4,500 shares of Pinetree Capital stock. The shares were purchased at an average cost of C$9.56 per share, with a total value of C$43,020.00.

Pinetree Capital Stock Down 4.0%

Shares of Pinetree Capital stock opened at C$9.20 on Friday. The firm has a market cap of C$86.36 million, a price-to-earnings ratio of -20.44 and a beta of 0.93. The stock has a 50-day simple moving average of C$9.19 and a 200-day simple moving average of C$9.25. Pinetree Capital Ltd. has a 52-week low of C$7.61 and a 52-week high of C$15.07. The company has a debt-to-equity ratio of 15.62, a current ratio of 0.10 and a quick ratio of 5.97.

Pinetree Capital (TSE:PNP) last issued its quarterly earnings data on Thursday, April 30th. The company reported C($2.02) earnings per share for the quarter. The business had revenue of C($18.48) million for the quarter. Pinetree Capital had a negative net margin of 81.12% and a negative return on equity of 5.04%.

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.