Pinetree Capital (TSE:PNP) Stock Passes Above 50-Day Moving Average – What’s Next?

Pinetree Capital Ltd. (TSE:PNPGet Free Report) passed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of C$7.23 and traded as high as C$7.76. Pinetree Capital shares last traded at C$7.76, with a volume of 1,533 shares.

Pinetree Capital Stock Performance

The company has a market cap of C$72.87 million, a PE ratio of 5.46 and a beta of 0.60. The business has a fifty day moving average of C$7.23 and a 200-day moving average of C$6.45. The company has a current ratio of 8.14, a quick ratio of 5.97 and a debt-to-equity ratio of 0.35.

Pinetree Capital (TSE:PNPGet Free Report) last released its quarterly earnings results on Thursday, July 25th. The company reported C($0.10) earnings per share for the quarter. Pinetree Capital had a net margin of 95.14% and a return on equity of 27.46%.

Pinetree Capital Company Profile

(Get Free Report)

Pinetree Capital Ltd. is a venture capital and private equity firm specializing in early, later stage venture, middle market, mature, later stage, turnaround and growth capital investments in micro and small cap companies. The firm prefers to invest in enterprise software, financial and healthcare industries.

Further Reading

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