Pinetree Capital Ltd. (TSE:PNP – Get Free Report)’s stock price passed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of C$12.82 and traded as high as C$14.47. Pinetree Capital shares last traded at C$14.47, with a volume of 5,372 shares changing hands.
Pinetree Capital Price Performance
The firm has a 50-day simple moving average of C$12.82 and a 200 day simple moving average of C$10.41. The company has a market capitalization of C$135.83 million, a PE ratio of 7.17 and a beta of 0.60.
Insider Buying and Selling at Pinetree Capital
In other news, insider L6 Holdings Inc. sold 3,000 shares of the firm’s stock in a transaction dated Friday, December 20th. The stock was sold at an average price of C$10.13, for a total transaction of C$30,384.00. 43.35% of the stock is currently owned by corporate insiders.
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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