Pioneering Technology (CVE:PTE) Hits New 12-Month High – Should You Buy?

Pioneering Technology Corp. (CVE:PTEGet Free Report)’s share price reached a new 52-week high on Friday . The stock traded as high as C$0.02 and last traded at C$0.02, with a volume of 100000 shares traded. The stock had previously closed at C$0.02.

Pioneering Technology Trading Down 25.0%

The firm has a 50 day simple moving average of C$0.01 and a 200 day simple moving average of 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 capitalization of C$840,630.00, a PE ratio of -0.75 and a beta of 0.04.

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. The company also provides accessories comprising SmartBurner polish, standard ring replacement set, and low profile ring replacement set.

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