L6 Holdings Inc. Acquires 21,300 Shares of Pinetree Capital (TSE:PNP) Stock

Pinetree Capital Ltd. (TSE:PNP) insider L6 Holdings Inc. bought 21,300 shares of Pinetree Capital stock in a transaction that occurred on Monday, May 25th. The shares were acquired at an average price of C$8.75 per share, for a total transaction of C$186,375.00. Following the acquisition, the insider directly owned 3,215,700 shares in the company, valued at approximately C$28,137,375. This represents a 0.67% increase in their position.

L6 Holdings Inc. also recently made the following trade(s):

• On Thursday, May 21st, L6 Holdings Inc. bought 500 shares of Pinetree Capital stock. The shares were acquired at an average price of C$8.55 per share, for a total transaction of C$4,275.00.
• On Friday, May 22nd, L6 Holdings Inc. bought 17,100 shares of Pinetree Capital stock. The shares were acquired at an average price of C$8.68 per share, for a total transaction of C$148,428.00.
• On Tuesday, May 26th, L6 Holdings Inc. bought 1,300 shares of Pinetree Capital stock. The shares were acquired at an average price of C$8.72 per share, for a total transaction of C$11,336.00.

Pinetree Capital Stock Performance

TSE:PNP opened at C$8.90 on Thursday. The company has a current ratio of 15.62, a quick ratio of 5.97 and a debt-to-equity ratio of 0.26. The firm has a market capitalization of C$83.54 million, a price-to-earnings ratio of -4.22 and a beta of 0.89. The firm’s fifty day simple moving average is C$8.93 and its 200 day simple moving average is C$10.09. Pinetree Capital Ltd. has a twelve month low of C$7.61 and a twelve month high of C$20.90.

Pinetree Capital Company Profile

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.