Pinetree Capital (TSE:PNP) Reaches New 1-Year High – What’s Next?

Pinetree Capital Ltd. (TSE:PNPGet Free Report) hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as C$13.50 and last traded at C$13.50, with a volume of 4828 shares changing hands. The stock had previously closed at C$12.90.

Pinetree Capital Trading Up 6.3 %

The stock has a market capitalization of C$128.74 million, a P/E ratio of 9.58 and a beta of 0.60. The company has a debt-to-equity ratio of 0.35, a quick ratio of 5.97 and a current ratio of 8.14. The business has a 50 day simple moving average of C$9.04 and a 200-day simple moving average of C$7.33.

Pinetree Capital Company Profile

(Get Free Report)

Pinetree Capital Ltd. is a venture capital and private equity firm specializing in early, later stage venture, middle market, mature, later stage, turnaround and growth capital investments in micro and small cap companies. The firm prefers to invest in enterprise software, financial and healthcare industries.

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