Pinetree Capital Ltd. (TSE:PNP – Get Free Report) crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of C$11.73 and traded as high as C$13.91. Pinetree Capital shares last traded at C$13.11, with a volume of 7,356 shares.
Pinetree Capital Stock Down 5.9 %
The firm has a market capitalization of C$123.06 million, a PE ratio of 6.50 and a beta of 0.60. The business’s 50-day moving average price is C$11.73 and its 200-day moving average price is C$9.52.
Insider Activity
In other news, insider L6 Holdings Inc. sold 3,000 shares of the stock in a transaction on Friday, December 20th. The shares were sold at an average price of C$10.13, for a total transaction of C$30,384.00. Insiders have sold a total of 21,876 shares of company stock worth $251,630 in the last ninety days. Corporate insiders own 43.35% of the company’s stock.
About Pinetree Capital
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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