Pioneering Technology (CVE:PTE) Sets New 52-Week Low – Here’s What Happened

Pioneering Technology Corp. (CVE:PTEGet Free Report)’s share price reached a new 52-week low during trading on Tuesday . The stock traded as low as C$0.01 and last traded at C$0.01, with a volume of 245000 shares traded. The stock had previously closed at C$0.02.

Pioneering Technology Stock Down 33.3 %

The company has a debt-to-equity ratio of 42.72, a quick ratio of 1.55 and a current ratio of 2.90. The firm’s 50-day moving average is C$0.01 and its 200 day moving average is C$0.01. The firm has a market capitalization of C$560,400.00, a PE ratio of -1.00 and a beta of -2.36.

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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