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Pinetree Capital (TSE:PNP) Share Price Passes Above 50 Day Moving Average - Time to Sell?

Pinetree Capital logo with Financial Services background

Pinetree Capital Ltd. (TSE:PNP - Get Free Report)'s stock price crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of C$7.36 and traded as high as C$9.00. Pinetree Capital shares last traded at C$8.95, with a volume of 2,958 shares trading hands.

Pinetree Capital Stock Down 1.7 %

The stock has a market cap of C$82.63 million, a PE ratio of 6.20 and a beta of 0.60. 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 business has a 50-day moving average price of C$7.40 and a 200-day moving average price of C$6.55.

Pinetree Capital Company Profile

(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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