Pivotree Inc. (CVE:PVT) Director Buys C$33,900.00 in Stock

Pivotree Inc. (CVE:PVTGet Rating) Director Vernon Lobo purchased 10,000 shares of the firm’s stock in a transaction on Friday, April 22nd. The stock was bought at an average cost of C$3.39 per share, with a total value of C$33,900.00. Following the acquisition, the director now owns 88,555 shares of the company’s stock, valued at approximately C$300,201.45.

CVE PVT opened at C$3.60 on Friday. The firm has a market capitalization of C$91.00 million and a price-to-earnings ratio of -6.21. Pivotree Inc. has a 12-month low of C$3.15 and a 12-month high of C$8.04. The company has a debt-to-equity ratio of 3.75, a current ratio of 3.81 and a quick ratio of 3.68.

Separately, National Bank Financial reaffirmed an “outperfrom under weight” rating on shares of Pivotree in a report on Thursday, March 31st.

Pivotree Company Profile (Get Rating)

Pivotree Inc provides services focused on the design, implementation, management, and maintenance of complex e-commerce solutions for large enterprises Canada, the United States, and internationally. The company operates through two segments, Professional and Managed Services. It deploys, manages, and optimizes digital platforms in commerce, master data management, and product information management for retail and branded manufacturers.

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