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

Pioneering Technology Corp. (CVE:PTEGet Free Report)’s stock price hit a new 52-week low during trading on Thursday . The company traded as low as C$0.01 and last traded at C$0.01, with a volume of 7243 shares changing hands. The stock had previously closed at C$0.02.

Pioneering Technology Stock Performance

The stock’s 50-day simple moving average is C$0.01 and its 200 day simple moving average is C$0.01. The company has a debt-to-equity ratio of 42.72, a quick ratio of 1.55 and a current ratio of 2.90. The company 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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