Pioneering Technology (CVE:PTE) Trading 100% Higher – What’s Next?

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

Pioneering Technology Price Performance

The stock has a market capitalization of C$1.12 million, a PE ratio of -1.00 and a beta of 0.04. The firm’s fifty day moving average price is C$0.01 and its two-hundred day moving average price is C$0.01. The company has a quick ratio of 1.55, a current ratio of 2.90 and a debt-to-equity ratio of 42.72.

Pioneering Technology Company Profile

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.