Pinetree Capital (TSE:PNP) Shares Down 2.3%

Pinetree Capital Ltd (TSE:PNP) shares traded down 2.3% during mid-day trading on Wednesday . The stock traded as low as C$1.28 and last traded at C$1.29, 18,300 shares traded hands during mid-day trading. An increase of 510% from the average session volume of 2,999 shares. The stock had previously closed at C$1.32.

The stock has a market cap of $12.30 million and a price-to-earnings ratio of 12.82. The company has a debt-to-equity ratio of 1.23, a quick ratio of 33.27 and a current ratio of 33.41. The firm’s 50-day simple moving average is C$1.37 and its two-hundred day simple moving average is C$1.37.

About Pinetree Capital (TSE:PNP)

Pinetree Capital Ltd. is a venture capital firm specializing in early stage, emerging growth and growth capital investments in micro and small cap companies. The firm prefers to invest in all the sector with focus on technology. Pinetree Capital Ltd. was founded in 1992 and is based in Toronto, Canada.

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