Pinetree Capital (TSE:PNP) Share Price Crosses Below 50 Day Moving Average – Should You Sell?

Pinetree Capital Ltd. (TSE:PNPGet Free Report) passed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of C$11.59 and traded as low as C$11.24. Pinetree Capital shares last traded at C$11.30, with a volume of 3,201 shares changing hands.

Pinetree Capital Trading Up 0.1%

The stock has a market capitalization of C$106.07 million, a P/E ratio of 3.74 and a beta of 0.32. The company has a 50-day moving average price of C$11.59 and a 200 day moving average price of C$13.60.

About Pinetree Capital

(Get Free Report)

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.

See Also

Receive News & Ratings for Pinetree Capital Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pinetree Capital and related companies with MarketBeat.com's FREE daily email newsletter.