Pinetree Capital Ltd. (TSE:PNP – Get Free Report)’s share price crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of C$11.73 and traded as high as C$13.91. Pinetree Capital shares last traded at C$13.11, with a volume of 7,356 shares traded.
Pinetree Capital Stock Performance
The stock has a fifty day simple moving average of C$11.77 and a two-hundred day simple moving average of C$9.58. The stock has a market capitalization of C$114.52 million, a price-to-earnings ratio of 6.05 and a beta of 0.60.
Insiders Place Their Bets
In other Pinetree Capital news, insider L6 Holdings Inc. sold 3,000 shares of the stock in a transaction dated Monday, December 9th. The stock was sold at an average price of C$12.56, for a total transaction of C$37,680.00. In the last ninety days, insiders sold 21,876 shares of company stock worth $251,630. Company insiders own 43.35% of the company’s stock.
Pinetree Capital Company Profile
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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