Pinnacle Renewable Energy (TSE:PL) Stock Price Down 0.1%

Pinnacle Renewable Energy Inc. (TSE:PLGet Rating) traded down 0.1% on Monday . The stock traded as low as C$11.29 and last traded at C$11.29. 18,797 shares changed hands during trading, a decline of 91% from the average session volume of 210,578 shares. The stock had previously closed at C$11.30.

Pinnacle Renewable Energy Stock Performance

The company has a current ratio of 0.88, a quick ratio of 0.41 and a debt-to-equity ratio of 231.46. The firm has a market cap of C$376.63 million and a P/E ratio of -74.77. The company has a fifty day moving average price of C$11.29.

About Pinnacle Renewable Energy

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Pinnacle Renewable Energy Inc, together with its subsidiaries, manufactures, distributes, and sells industrial wood pellets for industrial electrical power generation and home heating consumption in North America, Asia, and Europe. The company produces renewable fuel in the form of industrial wood pellets for electricity generation, which are used by utilities and large-scale power generators to produce renewable and baseload power.

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