Pioneering Technology (CVE:PTE) Hits New 12-Month Low – Should You Sell?

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

Pioneering Technology Trading Down 33.3 %

The stock has a fifty 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 P/E ratio of -1.00 and a beta of -2.36. The company has a quick ratio of 1.55, a current ratio of 2.90 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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