Pivotree (CVE:PVT) Stock Price Down 1.1% – Here’s What Happened

Pivotree Inc. (CVE:PVT) traded down 1.1% during mid-day trading on Wednesday . The stock traded as low as C$1.80 and last traded at C$1.80. 4,201 shares changed hands during trading, a decline of 67% from the average session volume of 12,775 shares. The stock had previously closed at C$1.82.

Pivotree Stock Performance

The firm’s fifty day simple moving average is C$1.66 and its 200 day simple moving average is C$1.48. The company has a market capitalization of C$47.51 million, a price-to-earnings ratio of 13.85 and a beta of -0.29. The company has a debt-to-equity ratio of 1.21, a current ratio of 2.10 and a quick ratio of 1.95.

About Pivotree

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. It serves automotive, retail, manufacturing, distributors, and ecommerce sectors.