Pinetree Capital (TSE:PNP) Insider L6 Holdings Inc. Buys 1,300 Shares of Stock

Pinetree Capital Ltd. (TSE:PNP) insider L6 Holdings Inc. purchased 1,300 shares of the company’s stock in a transaction dated Tuesday, May 26th. The shares were purchased at an average cost of C$8.72 per share, for a total transaction of C$11,336.00. Following the transaction, the insider directly owned 3,217,000 shares in the company, valued at approximately C$28,052,240. This represents a 0.04% increase in their position.

L6 Holdings Inc. also recently made the following trade(s):

• On Thursday, May 21st, L6 Holdings Inc. purchased 500 shares of Pinetree Capital stock. The shares were purchased at an average cost of C$8.55 per share, for a total transaction of C$4,275.00.
• On Friday, May 22nd, L6 Holdings Inc. purchased 17,100 shares of Pinetree Capital stock. The shares were purchased at an average cost of C$8.68 per share, for a total transaction of C$148,428.00.
• On Monday, May 25th, L6 Holdings Inc. purchased 21,300 shares of Pinetree Capital stock. The shares were purchased at an average cost of C$8.75 per share, for a total transaction of C$186,375.00.

Pinetree Capital Price Performance

PNP opened at C$8.61 on Wednesday. Pinetree Capital Ltd. has a 12-month low of C$7.61 and a 12-month high of C$20.90. The company has a current ratio of 15.62, a quick ratio of 5.97 and a debt-to-equity ratio of 0.26. The business’s fifty day simple moving average is C$8.95 and its 200-day simple moving average is C$10.10. The company has a market capitalization of C$80.82 million, a price-to-earnings ratio of -4.08 and a beta of 0.89.

Pinetree Capital Company Profile

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.