Pinetree Capital Ltd. (TSE:PNP - Get Free Report) passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of C$11.57 and traded as high as C$12.43. Pinetree Capital shares last traded at C$12.32, with a volume of 6,842 shares changing hands.
Pinetree Capital Stock Performance
The stock has a market cap of C$120.25 million, a P/E ratio of 6.35 and a beta of 0.60. The stock's fifty day simple moving average is C$11.57 and its 200-day simple moving average is C$9.37.
Insider Activity
In other news, insider L6 Holdings Inc. sold 3,000 shares of the stock in a transaction on Monday, December 9th. The stock was sold at an average price of C$12.56, for a total transaction of C$37,680.00. Over the last ninety days, insiders sold 21,876 shares of company stock worth $251,630. Corporate insiders own 43.35% of the company's stock.
About Pinetree Capital
(
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Pinetree Capital Ltd is an investment and merchant banking company. It is engaged in the small-cap market with early-stage investments in resource and technology components. The company has a single reportable geographic segment, Canada. Pinetree's investment portfolio consists of investments, cash, cash equivalents, and cash due from brokers.
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