Key Points
- L6 Holdings Inc., an insider at Pinetree Capital, bought 17,100 shares on May 22 at an average price of C$8.68, totaling C$148,428.
- The insider also made additional purchases in the days around that trade, including 500 shares on May 21, 21,300 shares on May 25, and 1,300 shares on May 26, signaling continued buying activity.
- Pinetree Capital shares were down 0.5% and opened at C$8.61; the stock is trading well below its 52-week high of C$20.90 and near the lower end of its range.
Pinetree Capital Ltd. (TSE:PNP - Get Free Report) insider L6 Holdings Inc. acquired 1,300 shares of the firm's stock in a transaction that occurred on Tuesday, May 26th. The shares were bought at an average price of C$8.72 per share, with a total value of C$11,336.00. Following the completion of the purchase, the insider directly owned 3,217,000 shares in the company, valued at C$28,052,240. The trade was a 0.04% increase in their ownership of the stock.
L6 Holdings Inc. also recently made the following trade(s):
- On Thursday, May 21st, L6 Holdings Inc. acquired 500 shares of Pinetree Capital stock. The shares were bought at an average price of C$8.55 per share, with a total value of C$4,275.00.
- On Friday, May 22nd, L6 Holdings Inc. acquired 17,100 shares of Pinetree Capital stock. The shares were bought at an average price of C$8.68 per share, with a total value of C$148,428.00.
- On Monday, May 25th, L6 Holdings Inc. acquired 21,300 shares of Pinetree Capital stock. The shares were bought at an average price of C$8.75 per share, with a total value of C$186,375.00.
Pinetree Capital Trading Down 0.5%
Shares of TSE PNP opened at C$8.61 on Wednesday. The company has a debt-to-equity ratio of 0.26, a current ratio of 15.62 and a quick ratio of 5.97. The stock has a market capitalization of C$80.82 million, a P/E ratio of -4.08 and a beta of 0.89. Pinetree Capital Ltd. has a 1-year low of C$7.61 and a 1-year high of C$20.90. The business has a fifty day moving average price of C$8.95 and a 200 day moving average price of C$10.10.
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.
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