Pioneering Technology (CVE:PTE) Hits New 12-Month Low – Time to Sell?

Pioneering Technology Corp. (CVE:PTEGet Free Report) hit a new 52-week low on Tuesday . The stock traded as low as C$0.01 and last traded at C$0.01, with a volume of 61000 shares changing hands. The stock had previously closed at C$0.02.

Pioneering Technology Price Performance

The company has a market cap of C$560,400.00, a P/E ratio of -1.00 and a beta of -2.36. The company has a fifty day moving average price of C$0.01 and a two-hundred day moving average price of C$0.01. The company has a debt-to-equity ratio of 42.72, a quick ratio of 1.55 and a current ratio of 2.90.

About Pioneering Technology

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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.

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