Shares of Pinetree Capital Ltd. (TSE:PNP – Get Free Report) hit a new 52-week high on Tuesday . The company traded as high as C$15.48 and last traded at C$15.41, with a volume of 13810 shares traded. The stock had previously closed at C$15.00.
Pinetree Capital Price Performance
The stock has a market capitalization of C$143.34 million, a PE ratio of 7.57 and a beta of 0.60. The company has a 50 day moving average price of C$13.26 and a 200-day moving average price of C$10.88.
Insiders Place Their Bets
In other news, insider L6 Holdings Inc. sold 11,000 shares of Pinetree Capital stock in a transaction dated Friday, March 21st. The shares were sold at an average price of C$13.95, for a total transaction of C$153,450.00. In the last ninety days, insiders sold 38,100 shares of company stock worth $537,291. 43.35% of the stock is currently owned by corporate insiders.
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.
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