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

Pioneering Technology Corp. (CVE:PTEGet Free Report)’s stock price reached a new 52-week low during mid-day trading on Thursday . The company traded as low as C$0.01 and last traded at C$0.01, with a volume of 1000 shares traded. The stock had previously closed at C$0.02.

Pioneering Technology Stock Down 33.3 %

The company has a quick ratio of 1.55, a current ratio of 2.90 and a debt-to-equity ratio of 42.72. The stock has a 50-day simple moving average of C$0.01 and a 200-day simple moving average of C$0.01. The firm has a market capitalization of C$560,400.00, a PE ratio of -1.00 and a beta of -2.36.

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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