Pinetree Capital (TSE:PNP) Insider Shezad Kassam Okhai Purchases 4,500 Shares

Pinetree Capital Ltd. (TSE:PNP) insider Shezad Kassam Okhai acquired 4,500 shares of the firm’s stock in a transaction dated Friday, August 7th. The shares were purchased at an average cost of C$9.56 per share, for a total transaction of C$43,020.00. Following the acquisition, the insider directly owned 499,100 shares in the company, valued at C$4,771,396. This represents a 0.91% increase in their position.

Shezad Kassam Okhai also recently made the following trade(s):

• On Tuesday, August 4th, Shezad Kassam Okhai acquired 2,100 shares of Pinetree Capital stock. The shares were purchased at an average price of C$9.27 per share, for a total transaction of C$19,467.00.
• On Wednesday, August 5th, Shezad Kassam Okhai bought 400 shares of Pinetree Capital stock. The stock was purchased at an average price of C$9.32 per share, with a total value of C$3,728.00.

Pinetree Capital Stock Down 4.0%

Shares of PNP stock opened at C$9.20 on Friday. The stock has a market cap of C$86.36 million, a P/E ratio of -20.44 and a beta of 0.93. Pinetree Capital Ltd. has a one year low of C$7.61 and a one year high of C$15.07. The stock has a fifty day moving average price of C$9.19 and a 200 day moving average price of C$9.25. The company has a debt-to-equity ratio of 15.62, a current ratio of 0.10 and a quick ratio of 5.97.

Pinetree Capital (TSE:PNP) last posted its quarterly earnings results on Thursday, April 30th. The company reported C($2.02) earnings per share for the quarter. Pinetree Capital had a negative return on equity of 5.04% and a negative net margin of 81.12%.The business had revenue of C($18.48) million for the quarter.

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.