Pivotree (CVE:PVT) Hits New 52-Week Low at $1.30

Pivotree Inc. (CVE:PVTGet Free Report)’s stock price hit a new 52-week low on Monday . The stock traded as low as C$1.30 and last traded at C$1.32, with a volume of 2900 shares changing hands. The stock had previously closed at C$1.36.

Analyst Ratings Changes

A number of equities analysts recently issued reports on PVT shares. Cormark dropped their price target on shares of Pivotree from C$5.00 to C$3.50 in a research note on Monday, April 1st. Canaccord Genuity Group upped their target price on shares of Pivotree from C$1.50 to C$1.70 and gave the stock a “hold” rating in a research note on Monday, May 13th. National Bankshares downgraded shares of Pivotree from an “outperform” rating to a “sector perform” rating and reduced their price target for the company from C$3.00 to C$2.00 in a research report on Monday, May 13th. National Bank Financial lowered Pivotree from a “strong-buy” rating to a “hold” rating in a report on Friday, May 10th. Finally, Paradigm Capital lowered their target price on shares of Pivotree from C$4.25 to C$4.00 and set a “buy” rating on the stock in a research note on Monday, May 13th.

Read Our Latest Research Report on Pivotree

Pivotree Trading Down 8.3 %

The company has a quick ratio of 1.95, a current ratio of 2.91 and a debt-to-equity ratio of 1.38. The firm has a market capitalization of C$34.73 million, a PE ratio of -4.40 and a beta of 0.26. The stock’s fifty day simple moving average is C$1.57 and its 200 day simple moving average is C$1.59.

Pivotree Company Profile

(Get Free Report)

Pivotree Inc designs, integrates, deploys, and manages digital platforms in commerce, data management, and supply chain for retail and branded manufacturers in Canada and internationally. The company offers infrastructure deployment, data transaction, subscription license, system and application triage and support, configuration management, and security services, as well as provides web and application hosting services.

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