Pinetree Capital (TSE:PNP) Shares Pass Above Fifty Day Moving Average – Time to Sell?

by · The Cerbat Gem

Pinetree Capital Ltd. (TSE:PNP – Get Free Report) shares crossed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of C$7.23 and traded as high as C$7.76. Pinetree Capital shares last traded at C$7.76, with a volume of 1,533 shares trading hands.

Pinetree Capital Stock Down 6.3 %

The company has a debt-to-equity ratio of 0.35, a current ratio of 8.14 and a quick ratio of 5.97. The stock has a market capitalization of C$76.53 million, a PE ratio of 5.74 and a beta of 0.60. The company has a 50 day moving average price of C$7.28 and a 200-day moving average price of C$6.49.

Pinetree Capital (TSE:PNP – Get Free Report) last released its earnings results on Thursday, July 25th. The company reported C($0.10) EPS for the quarter. Pinetree Capital had a return on equity of 27.46% and a net margin of 95.14%.

Pinetree Capital Company Profile

(Get Free Report)

Pinetree Capital Ltd. is a venture capital and private equity firm specializing in early, later stage venture, middle market, mature, later stage, turnaround and growth capital investments in micro and small cap companies. The firm prefers to invest in enterprise software, financial and healthcare industries.

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