Pioneering Technology (CVE:PTE) Stock Price Up 100% – Here’s Why

Pioneering Technology Corp. (CVE:PTEGet Free Report) shares were up 100% during trading on Friday . The company traded as high as C$0.02 and last traded at C$0.02. Approximately 671,020 shares were traded during trading, an increase of 268% from the average daily volume of 182,193 shares. The stock had previously closed at C$0.01.

Pioneering Technology Stock Performance

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 firm has a 50 day moving average price of C$0.01 and a two-hundred day moving average price of C$0.01. The company has a market capitalization of C$1.12 million, a P/E ratio of -1.00 and a beta of 0.04.

About Pioneering Technology

(Get Free Report)

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. The company also provides accessories comprising SmartBurner polish, standard ring replacement set, and low profile ring replacement set.

Featured Stories

Receive News & Ratings for Pioneering Technology Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pioneering Technology and related companies with MarketBeat.com's FREE daily email newsletter.