Pivotree (PVT) Scheduled to Post Quarterly Earnings on Wednesday

Pivotree (CVE:PVT) is set to release its earnings data before the market opens on Wednesday, November 13th.

Pivotree (CVE:PVT) last announced its earnings results on Tuesday, August 13th. The company reported C($0.12) EPS for the quarter. Pivotree had a negative return on equity of 17.41% and a negative net margin of 11.79%. The company had revenue of C$20.26 million for the quarter, compared to analyst estimates of C$20.75 million.

Pivotree Stock Performance

Shares of PVT stock opened at C$1.06 on Wednesday. The business’s 50 day simple moving average is C$1.10 and its 200 day simple moving average is C$1.27. The company has a debt-to-equity ratio of 0.73, a current ratio of 2.80 and a quick ratio of 1.95. Pivotree has a one year low of C$0.98 and a one year high of C$2.20. The stock has a market capitalization of C$27.89 million, a PE ratio of -2.94 and a beta of 0.22.

Analyst Ratings Changes

PVT has been the topic of several research analyst reports. Cormark cut their target price on Pivotree from C$3.50 to C$2.50 in a research report on Wednesday, August 14th. Canaccord Genuity Group reduced their target price on Pivotree from C$1.70 to C$1.25 and set a “hold” rating for the company in a report on Wednesday, August 14th.

About Pivotree

Pivotree Inc designs, integrates, deploys, and manages digital platforms in commerce, data management, and supply chain for retail and branded manufacturers in Canada and internationally. The company offers infrastructure deployment, data transaction, subscription license, system and application triage and support, configuration management, and security services, as well as provides web and application hosting services.