Parkit Enterprise Inc. Buys 240,371 Shares of Parkit Enterprise Inc. (CVE:PKT) Stock

Parkit Enterprise Inc. (CVE:PKT) insider Parkit Enterprise Inc. acquired 240,371 shares of Parkit Enterprise stock in a transaction that occurred on Thursday, June 27th. The stock was acquired at an average price of C$0.51 per share, with a total value of C$122,589.21.

Parkit Enterprise Inc. also recently made the following trade(s):

• On Friday, May 31st, Parkit Enterprise Inc. bought 21,500 shares of Parkit Enterprise stock. The shares were bought at an average price of C$0.59 per share, for a total transaction of C$12,685.00.
• On Monday, April 22nd, Parkit Enterprise Inc. purchased 6,000 shares of Parkit Enterprise stock. The stock was bought at an average price of C$0.59 per share, with a total value of C$3,540.00.

Parkit Enterprise Stock Performance

Shares of PKT opened at C$0.51 on Thursday. The firm has a market capitalization of C$115.52 million, a P/E ratio of -51.00 and a beta of 2.05. The company has a debt-to-equity ratio of 112.98, a current ratio of 4.22 and a quick ratio of 5.35. Parkit Enterprise Inc. has a one year low of C$0.40 and a one year high of C$0.90. The business has a fifty day moving average of C$0.57 and a 200 day moving average of C$0.61.

Wall Street Analysts Forecast Growth

Separately, Raymond James lowered their price objective on shares of Parkit Enterprise from C$0.85 to C$0.75 and set an “outperform” rating on the stock in a research report on Wednesday, April 24th.

Parkit Enterprise Company Profile

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.