Parkit Enterprise Inc. (CVE:PKT – Get Free Report)’s stock price was up 4.9% during mid-day trading on Tuesday . The company traded as high as C$0.43 and last traded at C$0.43. Approximately 4,029 shares changed hands during mid-day trading, a decline of 95% from the average daily volume of 77,364 shares. The stock had previously closed at C$0.41.
Parkit Enterprise Stock Up 4.9 %
The stock has a market capitalization of C$94.11 million, a P/E ratio of -28.78 and a beta of 1.97. The company has a current ratio of 6.17, a quick ratio of 5.35 and a debt-to-equity ratio of 48.28. The stock’s 50 day simple moving average is C$0.48 and its 200 day simple moving average is C$0.59.
Insider Activity
In other news, insider Parkit Enterprise Inc. purchased 499,500 shares of the stock in a transaction dated Friday, February 7th. The stock was acquired at an average cost of C$0.53 per share, for a total transaction of C$264,735.00. Company insiders own 39.47% of the company’s stock.
About Parkit Enterprise
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.
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