Pioneering Technology (CVE:PTE) Sets New 1-Year Low – What’s Next?

Shares of Pioneering Technology Corp. (CVE:PTEGet Free Report) reached a new 52-week low during trading on Wednesday . The stock traded as low as C$0.01 and last traded at C$0.01, with a volume of 8000 shares changing hands. The stock had previously closed at C$0.02.

Pioneering Technology Stock Down 33.3 %

The firm’s 50-day moving average price is C$0.01 and its 200 day moving average price is C$0.01. 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 company has a market capitalization of C$560,400.00, a price-to-earnings ratio of -1.00 and a beta of -2.37.

Pioneering Technology Company Profile

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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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