2 weeks Ago By Defense World Staff
Pivotree Inc. ( CVE:PVT – Get Free Report )’s stock price reached a new 52-week low on Thursday after Cormark downgraded the stock from a buy rating to a market perform rating. The stock traded as low as C$0.
90 and last traded at C$0.90, with a volume of 22825 shares. The stock had previously closed at C$1.
00. Separately, Canaccord Genuity Group lowered their price objective on Pivotree from C$1.25 to C$1.
00 in a research note on Thursday. Four analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. Based on data from MarketBeat, Pivotree has a consensus rating of “Hold” and an average price target of C$2.
38. View Our Latest Research Report on Pivotree Pivotree Stock Performance Pivotree ( CVE:PVT – Get Free Report ) last issued its quarterly earnings results on Tuesday, August 13th. The company reported C($0.
12) earnings per share for the quarter. The company had revenue of C$20.26 million during the quarter, compared to analyst estimates of C$20.
75 million. Pivotree had a negative net margin of 11.79% and a negative return on equity of 17.
41%. On average, analysts expect that Pivotree Inc. will post 0.
0800215 EPS for the current year. Pivotree Company Profile ( Get Free Report ) Pivotree Inc designs, integrates, deploys, and manages digital platforms in commerce, data management, and supply chain for retail and branded manufacturers in Canada and internationally. The company offers infrastructure deployment, data transaction, subscription license, system and application triage and support, configuration management, and security services, as well as provides web and application hosting services.
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