Pioneering Technology (CVE:PTE) Hits New 1-Year Low – Should You Sell?

Shares of Pioneering Technology Corp. (CVE:PTEGet Free Report) reached a new 52-week low during mid-day trading on Thursday . The company traded as low as C$0.01 and last traded at C$0.01, with a volume of 50000 shares trading hands. The stock had previously closed at C$0.02.

Pioneering Technology Stock Down 50.0 %

The company has a debt-to-equity ratio of 42.72, a current ratio of 2.90 and a quick ratio of 1.55. The firm has a market capitalization of C$560,400.00, a P/E ratio of -1.00 and a beta of -2.36. The business has a 50 day moving average price of C$0.01 and a 200 day moving average price of C$0.01.

About Pioneering Technology

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Pioneering Technology Corp., an energy smart technology and consumer products company, engages in the development, manufacture, and sale of cooking fire prevention products in Canada and the United States. It offers SmartBurner, a plug-and-play solution for electric coil stoves; SmartRange, an electric glass-top stove solution; Smart Element cooking system; and Smart Micro, a microwave safety solution, as well as Safe-T-sensor.

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