Pioneering Technology (PTE) Reaches New 12-Month Low at $0.12

Pioneering Technology Corp (CVE:PTE)’s share price reached a new 52-week low on Monday . The stock traded as low as C$0.12 and last traded at C$0.12, with a volume of 23200 shares. The stock had previously closed at C$0.13.

In other Pioneering Technology news, CFO Paul Elliot Mann acquired 20,000 shares of the firm’s stock in a transaction dated Tuesday, September 18th. The shares were acquired at an average price of C$17.24 per share, for a total transaction of C$344,800.00. Also, Director Rainer M. Erdtmann acquired 6,680 shares of the firm’s stock in a transaction dated Friday, September 14th. The shares were acquired at an average price of C$17.42 per share, for a total transaction of C$116,365.60. The disclosure for this purchase can be found here. Insiders have bought 27,180 shares of company stock worth $469,801 in the last 90 days.

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About Pioneering Technology (CVE:PTE)

Pioneering Technology Corp. engages in the development, manufacture, and sale of cooking fire prevention solutions for residential and commercial markets in Canada and the United States. It provides Safe-T-element, a cooking system to prevent stovetop cooking fires on electric coiled stoves; Safe-T-sensor, a solution to prevent microwave fires and false alarms; SmartBurner, an intelligent cooking system; and RangeMinder, a technology that prevents unattended cooking fires.

Further Reading: Fiduciary

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