Plaintree Systems (OTCMKTS:PTEEF) Shares Up 33.5%

Plaintree Systems Inc. (OTCMKTS:PTEEF) shares shot up 33.5% on Friday . The stock traded as high as $0.18 and last traded at $0.18, 1,000 shares traded hands during mid-day trading. A decline of 68% from the average session volume of 3,100 shares. The stock had previously closed at $0.13.

The company has a market capitalization of $2.29 million, a P/E ratio of 8.87 and a beta of -1.05. The company’s 50-day moving average price is $0.13 and its two-hundred day moving average price is $0.11. The company has a debt-to-equity ratio of 0.37, a current ratio of 2.82 and a quick ratio of 2.46.

About Plaintree Systems (OTCMKTS:PTEEF)

Plaintree Systems Inc designs, develops, manufactures, markets, and supports electronic products and specialty structural products in Canada, the United States, Chile, Argentina, Kuwait, and internationally. It manufactures avionic components for various applications, including aircraft antiskid braking, aircraft instrument indicators, solenoids, and permanent magnet alternators; and operates as a design/build manufacturer of steel, aluminum, and stainless steel specialty structures, such as commercial domes, free form structures, barrel vaults, space frames, and industrial dome coverings.

See Also: Cash Asset Ratio

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