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

Pioneering Technology Corp. (CVE:PTEGet Free Report)’s share price reached a new 52-week low during trading on Tuesday . The company traded as low as C$0.01 and last traded at C$0.01, with a volume of 10000 shares traded. The stock had previously closed at C$0.02.

Pioneering Technology Stock Down 33.3 %

The firm has a 50 day moving average price of C$0.01 and a two-hundred day moving average price of C$0.01. The firm has a market capitalization of C$560,400.00, a price-to-earnings ratio of -1.00 and a beta of -2.36. 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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