Pioneering Technology (CVE:PTE) Shares Up 100% – What’s Next?

Pioneering Technology Corp. (CVE:PTEGet Free Report)’s stock price shot up 100% during mid-day trading on Friday . The company traded as high as C$0.02 and last traded at C$0.02. 671,020 shares were traded during mid-day trading, an increase of 268% from the average session volume of 182,193 shares. The stock had previously closed at C$0.01.

Pioneering Technology Stock Performance

The company has a debt-to-equity ratio of 42.72, a current ratio of 2.90 and a quick ratio of 1.55. The company has a market cap of C$1.12 million, a price-to-earnings ratio of -1.00 and a beta of 0.04. The stock has a 50-day moving average price of C$0.01 and a 200 day moving average price of C$0.01.

About Pioneering Technology

(Get Free Report)

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. The company also provides accessories comprising SmartBurner polish, standard ring replacement set, and low profile ring replacement set.

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