Pioneering Technology (CVE:PTE) Hits New 1-Year High – What’s Next?

Shares of Pioneering Technology Corp. (CVE:PTEGet Free Report) hit a new 52-week high during trading on Tuesday . The stock traded as high as C$0.02 and last traded at C$0.01, with a volume of 29000 shares changing hands. The stock had previously closed at C$0.02.

Pioneering Technology Trading Down 25.0%

The company’s 50 day simple moving average is C$0.02 and its 200 day simple moving average is C$0.02. The company has a debt-to-equity ratio of 42.72, a current ratio of 2.90 and a quick ratio of 1.54. The firm has a market cap of C$840,630.00, a price-to-earnings ratio of -1.50 and a beta of 0.33.

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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