L6 Holdings Inc. Acquires 1,300 Shares of Pinetree Capital (TSE:PNP) Stock

Pinetree Capital Ltd. (TSE:PNP) insider L6 Holdings Inc. acquired 1,300 shares of Pinetree Capital stock in a transaction dated Tuesday, May 26th. The shares were purchased at an average price of C$8.72 per share, for a total transaction of C$11,336.00. Following the completion of the transaction, the insider directly owned 3,217,000 shares in the company, valued at approximately C$28,052,240. The trade was a 0.04% increase in their position.

L6 Holdings Inc. also recently made the following trade(s):

• On Thursday, May 21st, L6 Holdings Inc. acquired 500 shares of Pinetree Capital stock. The shares were purchased at an average price of C$8.55 per share, for a total transaction of C$4,275.00.
• On Friday, May 22nd, L6 Holdings Inc. bought 17,100 shares of Pinetree Capital stock. The shares were bought at an average price of C$8.68 per share, with a total value of C$148,428.00.
• On Monday, May 25th, L6 Holdings Inc. bought 21,300 shares of Pinetree Capital stock. The shares were bought at an average price of C$8.75 per share, with a total value of C$186,375.00.

Pinetree Capital Trading Up 3.4%

Shares of PNP stock opened at C$8.90 on Thursday. The stock has a market capitalization of C$83.54 million, a PE ratio of -4.22 and a beta of 0.89. Pinetree Capital Ltd. has a 1-year low of C$7.61 and a 1-year high of C$20.90. The business has a 50-day moving average of C$8.93 and a 200 day moving average of C$10.09. The company has a debt-to-equity ratio of 0.26, a current ratio of 15.62 and a quick ratio of 5.97.

About Pinetree Capital

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.