Parkit Enterprise Inc. (CVE:PKT – Get Rating) shares dropped 1% during trading on Tuesday . The company traded as low as C$1.00 and last traded at C$1.04. Approximately 22,815 shares changed hands during trading, a decline of 81% from the average daily volume of 120,565 shares. The stock had previously closed at C$1.05.
Analyst Upgrades and Downgrades
A number of equities analysts have recently weighed in on the company. Cormark cut their price target on Parkit Enterprise from C$1.60 to C$1.30 in a report on Wednesday, August 10th. Scotiabank cut their price target on Parkit Enterprise from C$1.30 to C$1.10 in a report on Friday, November 18th. Finally, Raymond James boosted their price target on Parkit Enterprise from C$1.10 to C$1.15 and gave the stock a “market perform” rating in a report on Wednesday, November 16th.
Parkit Enterprise Stock Performance
The company has a market capitalization of C$236.20 million and a price-to-earnings ratio of -71.43. The stock has a fifty day moving average price of C$1.00 and a two-hundred day moving average price of C$1.00. The company has a quick ratio of 6.60, a current ratio of 6.94 and a debt-to-equity ratio of 40.27.
Insider Activity at Parkit Enterprise
Parkit Enterprise Company Profile
Parkit Enterprise Inc is a real estate investment firm specializing in acquisition and operation of income-producing parking facilities. The firm seeks to invest in the United States. Parkit Enterprise Inc was incorporated in 2006 and is headquartered in Vancouver, Canada.
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