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Pinetree Capital (TSE:PNP) Shares Pass Above Fifty Day Moving Average - Should You Sell?

Pinetree Capital logo with Financial Services background

Pinetree Capital Ltd. (TSE:PNP - Get Free Report) passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of C$7.65 and traded as high as C$9.25. Pinetree Capital shares last traded at C$9.00, with a volume of 9,101 shares traded.

Pinetree Capital Price Performance

The company has a fifty day moving average price of C$7.65 and a two-hundred day moving average price of C$6.68. The company has a current ratio of 8.14, a quick ratio of 5.97 and a debt-to-equity ratio of 0.35. The company has a market cap of C$88.17 million, a price-to-earnings ratio of 6.34 and a beta of 0.60.

About Pinetree Capital

(Get Free Report)

Pinetree Capital Ltd. is a venture capital and private equity firm specializing in early, later stage venture, middle market, mature, later stage, turnaround and growth capital investments in micro and small cap companies. The firm prefers to invest in enterprise software, financial and healthcare industries.

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