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

Pioneering Technology Corp. (CVE:PTE)’s stock price reached a new 52-week low during mid-day trading on Monday . The company traded as low as C$0.01 and last traded at C$0.01, with a volume of 5000 shares traded. The stock had previously closed at C$0.02.

Pioneering Technology Stock Down 50.0 %

The stock has a market capitalization of C$560,400.00, a P/E ratio of -1.00 and a beta of -2.36. 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 simple moving average is C$0.01 and its 200 day simple moving average is C$0.01.

Pioneering Technology Company Profile

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.