Pinetree Capital (TSE:PNP) Share Price Crosses Below 50-Day Moving Average – What’s Next?

Pinetree Capital Ltd. (TSE:PNPGet Free Report)’s stock price passed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of C$11.08 and traded as low as C$9.60. Pinetree Capital shares last traded at C$9.60, with a volume of 2,308 shares.

Pinetree Capital Trading Up 1.3%

The business’s fifty day moving average price is C$11.08 and its 200-day moving average price is C$12.36. The company has a market capitalization of C$90.12 million, a P/E ratio of 3.18 and a beta of 0.67.

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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