Pivotree (PVT) Scheduled to Post Earnings on Wednesday

Pivotree (CVE:PVT) will release its earnings data before the market opens on Wednesday, November 13th.

Pivotree (CVE:PVT) last released its earnings results on Tuesday, August 13th. The company reported C($0.12) earnings per share for the quarter. The firm had revenue of C$20.26 million for the quarter, compared to analysts’ expectations of C$20.75 million. Pivotree had a negative net margin of 11.79% and a negative return on equity of 17.41%.

Pivotree Stock Up 1.9 %

Shares of PVT stock opened at C$1.10 on Tuesday. The stock has a market cap of C$28.94 million, a P/E ratio of -3.06 and a beta of 0.22. Pivotree has a 52 week low of C$0.98 and a 52 week high of C$2.20. The company has a quick ratio of 1.95, a current ratio of 2.80 and a debt-to-equity ratio of 0.73. The company’s fifty day simple moving average is C$1.10 and its two-hundred day simple moving average is C$1.26.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on PVT shares. Cormark lowered their price objective on shares of Pivotree from C$3.50 to C$2.50 in a research report on Wednesday, August 14th. Canaccord Genuity Group lowered their price objective on shares of Pivotree from C$1.70 to C$1.25 and set a “hold” rating for the company in a research report on Wednesday, August 14th.

About Pivotree

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.