Pinetree Capital (TSE:PNP) Shares Pass Above 50-Day Moving Average of $5.45

Pinetree Capital Ltd. (TSE:PNPGet Free Report)’s share price crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of C$5.45 and traded as high as C$5.77. Pinetree Capital shares last traded at C$5.77, with a volume of 2,900 shares traded.

Pinetree Capital Stock Performance

The company has a market cap of C$54.18 million, a PE ratio of 9.46 and a beta of 0.55. The company has a debt-to-equity ratio of 0.44, a quick ratio of 5.97 and a current ratio of 3.53. The stock’s 50-day simple moving average is C$5.45 and its 200 day simple moving average is C$4.50.

Pinetree Capital (TSE:PNPGet Free Report) last announced its quarterly earnings data on Thursday, February 29th. The company reported C$0.42 EPS for the quarter. Pinetree Capital had a net margin of 95.66% and a return on equity of 36.49%.

About Pinetree Capital

(Get Free Report)

Pinetree Capital Ltd. is a venture capital and private equity firm specializing in early, later stage venture, middle market, mature, later stage, turnaround and growth capital investments in micro and small cap companies. The firm prefers to invest in enterprise software, financial and healthcare industries.

Further Reading

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