Pinetree Capital (TSE:PNP) Sets New 12-Month High – Here’s Why

Pinetree Capital Ltd. (TSE:PNPGet Free Report) shares reached a new 52-week high during mid-day trading on Monday . The company traded as high as C$7.55 and last traded at C$7.46, with a volume of 1245 shares changing hands. The stock had previously closed at C$7.54.

Pinetree Capital Stock Up 0.1 %

The company has a 50-day simple moving average of C$6.96 and a 200 day simple moving average of C$6.29. The company has a market cap of C$70.89 million, a P/E ratio of 5.25 and a beta of 0.59. The company has a current ratio of 8.14, a quick ratio of 5.97 and a debt-to-equity ratio of 0.35.

Pinetree Capital (TSE:PNPGet Free Report) last issued 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%.

About Pinetree Capital

(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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