Pioneering Technology (CVE:PTE) Hits New 1-Year Low – Here’s What Happened

Shares of Pioneering Technology Corp. (CVE:PTE) hit a new 52-week low during mid-day trading on Monday . The stock traded as low as C$0.01 and last traded at C$0.01, with a volume of 325000 shares. The stock had previously closed at C$0.02.

Pioneering Technology Price Performance

The company has a current ratio of 2.90, a quick ratio of 1.55 and a debt-to-equity ratio of 42.72. The business’s fifty day moving average is C$0.01 and its 200 day moving average is C$0.01. The company has a market cap of C$560,400.00, a P/E ratio of -1.00 and a beta of -2.36.

Pioneering Technology Company Profile

Pioneering Technology Corp., an energy smart technology and consumer products company, engages in the development, manufacture, and sale of cooking fire prevention products in Canada and the United States. It offers SmartBurner, a plug-and-play solution for electric coil stoves; SmartRange, an electric glass-top stove solution; Smart Element cooking system; and Smart Micro, a microwave safety solution, as well as Safe-T-sensor.