Pivotree (CVE:PVT) Shares Down 2% – Here’s Why

Pivotree Inc. (CVE:PVTGet Free Report) shares traded down 2% on Thursday . The stock traded as low as C$1.34 and last traded at C$1.45. 2,970 shares changed hands during mid-day trading, a decline of 75% from the average daily volume of 11,932 shares. The stock had previously closed at C$1.48.

Pivotree Stock Performance

The stock has a market capitalization of C$37.95 million, a PE ratio of 9.06 and a beta of -1.00. The business’s 50 day moving average is C$1.43 and its 200 day moving average is C$1.60. The company has a current ratio of 6.35, a quick ratio of 1.95 and a debt-to-equity ratio of 0.52.

About Pivotree

(Get Free Report)

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.

Further Reading

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