Pivotree (PVT) Scheduled to Post Earnings on Friday

Pivotree (CVE:PVTGet Free Report) is set to post its quarterly earnings results before the market opens on Friday, November 10th. Analysts expect Pivotree to post earnings of C($0.03) per share for the quarter.

Pivotree (CVE:PVTGet Free Report) last announced its earnings results on Friday, August 11th. The company reported C($0.03) EPS for the quarter, missing the consensus estimate of C($0.01) by C($0.02). Pivotree had a negative return on equity of 9.75% and a negative net margin of 6.21%. The business had revenue of C$22.68 million for the quarter, compared to analyst estimates of C$25.25 million.

Pivotree Stock Performance

Shares of PVT opened at C$2.01 on Friday. Pivotree has a 12 month low of C$1.72 and a 12 month high of C$3.98. The firm has a fifty day simple moving average of C$2.08 and a 200 day simple moving average of C$2.46. The stock has a market capitalization of C$53.49 million, a price-to-earnings ratio of -8.74 and a beta of 0.71. The company has a current ratio of 2.96, a quick ratio of 1.95 and a debt-to-equity ratio of 1.93.

Analyst Upgrades and Downgrades

Several research analysts recently commented on the stock. Canaccord Genuity Group reduced their target price on shares of Pivotree from C$5.50 to C$4.50 in a report on Monday, August 14th. National Bankshares cut their price target on shares of Pivotree from C$7.00 to C$5.00 in a research note on Monday, August 14th. Finally, Cormark cut their price target on shares of Pivotree from C$5.50 to C$5.00 in a research note on Monday, August 14th.

Read Our Latest Analysis on Pivotree

Pivotree Company Profile

(Get Free Report)

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. It operates in two segments, Professional Services and Managed Services. The company offers a combination of application support and managed hosting with digital strategy and software implementation services.

Further Reading

Earnings History for Pivotree (CVE:PVT)

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