Pioneering Technology (CVE:PTE) Reaches New 12-Month Low – Should You Sell?

Pioneering Technology Corp. (CVE:PTEGet Free Report)’s share price reached a new 52-week low on Thursday . The company traded as low as C$0.01 and last traded at C$0.01, with a volume of 1000 shares changing hands. The stock had previously closed at C$0.02.

Pioneering Technology Price Performance

The business’s fifty day simple moving average is C$0.01 and its 200-day simple moving average is C$0.01. The company has a current ratio of 2.90, a quick ratio of 1.55 and a debt-to-equity ratio of 42.72. The firm has a market cap of C$560,400.00, a P/E ratio of -1.00 and a beta of -2.36.

Pioneering Technology Company Profile

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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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