Pioneering Technology (CVE:PTE) Hits New 12-Month Low – What’s Next?

Pioneering Technology Corp. (CVE:PTEGet Free Report) shares hit a new 52-week low during trading on Wednesday . The stock traded as low as C$0.01 and last traded at C$0.01, with a volume of 8000 shares trading hands. The stock had previously closed at C$0.02.

Pioneering Technology Price Performance

The business has a 50-day moving average of C$0.01 and a 200 day moving average of C$0.01. The firm has a market capitalization of C$560,400.00, a P/E ratio of -1.00 and a beta of -2.37. The company has a current ratio of 2.90, a quick ratio of 1.55 and a debt-to-equity ratio of 42.72.

About Pioneering Technology

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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.

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