Parkit Enterprise (CVE:PKT) Hits New 1-Year Low – Time to Sell?

Parkit Enterprise Inc. (CVE:PKTGet Free Report) shares reached a new 52-week low on Friday . The company traded as low as C$0.39 and last traded at C$0.39, with a volume of 130200 shares. The stock had previously closed at C$0.43.

Parkit Enterprise Stock Performance

The company has a fifty day moving average price of C$0.47 and a two-hundred day moving average price of C$0.58. The firm has a market cap of C$85.36 million, a price-to-earnings ratio of -26.10 and a beta of 1.97. The company has a debt-to-equity ratio of 48.28, a current ratio of 6.17 and a quick ratio of 5.35.

Insider Buying and Selling at Parkit Enterprise

In related news, insider Parkit Enterprise Inc. purchased 499,500 shares of the company’s stock in a transaction that occurred on Friday, February 7th. The shares were purchased at an average price of C$0.53 per share, with a total value of C$264,735.00. 39.47% of the stock is owned by corporate insiders.

Parkit Enterprise Company Profile

(Get Free Report)

Parkit Enterprise is an industrial real estate platform focused on the acquisition, growth and management of strategically located industrial properties across key urban markets in Canada. The firm has parking assets across various markets in the United States of America. The firm seeks to invest in the United States.

Featured Articles

Receive News & Ratings for Parkit Enterprise Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Parkit Enterprise and related companies with MarketBeat.com's FREE daily email newsletter.