Pioneering Technology (CVE:PTE) Reaches New 12-Month High – Time to Buy?

Pioneering Technology Corp. (CVE:PTEGet Free Report) shares hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as C$0.02 and last traded at C$0.01, with a volume of 29000 shares trading hands. The stock had previously closed at C$0.02.

Pioneering Technology Price Performance

The company has a market capitalization of C$840,630.00, a PE ratio of -1.50 and a beta of 0.33. The company has a debt-to-equity ratio of 42.72, a current ratio of 2.90 and a quick ratio of 1.54. The company’s 50 day simple moving average is C$0.02 and its 200 day simple moving average is C$0.02.

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

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