Pioneering Technology (CVE:PTE) Hits New 1-Year Low at $0.01

Shares of Pioneering Technology Corp. (CVE:PTEGet Free Report) reached 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 3100 shares changing hands. 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$0.02 and a 200-day moving average price of C$0.02. The company has a current ratio of 3.23, a quick ratio of 1.55 and a debt-to-equity ratio of 39.67. The firm has a market cap of C$560,400.00, a PE ratio of -1.50 and a beta of -2.35.

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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