Pinnacle Renewable Energy Inc. (TSE:PL – Get Free Report)’s share price dropped 0.1% during mid-day trading on Tuesday . The stock traded as low as C$11.29 and last traded at C$11.29. Approximately 18,797 shares traded hands during trading, a decline of 91% from the average daily volume of 210,578 shares. The stock had previously closed at C$11.30.
Pinnacle Renewable Energy Trading Down 0.1 %
The company has a market cap of C$376.63 million and a price-to-earnings ratio of -74.77. The company has a debt-to-equity ratio of 231.46, a current ratio of 0.88 and a quick ratio of 0.41. The business has a 50-day moving average of C$11.29.
About Pinnacle Renewable Energy
Pinnacle Renewable Energy Inc, together with its subsidiaries, manufactures, distributes, and sells industrial wood pellets for industrial electrical power generation and home heating consumption in North America, Asia, and Europe. The company produces renewable fuel in the form of industrial wood pellets for electricity generation, which are used by utilities and large-scale power generators to produce renewable and baseload power.
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