Parkit Enterprise (CVE:PKT) Trading Up 4.9% – What’s Next?

Parkit Enterprise Inc. (CVE:PKT)’s stock price rose 4.9% on Tuesday . The stock traded as high as C$0.43 and last traded at C$0.43. Approximately 4,029 shares changed hands during 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 Price Performance

The company has a 50 day moving average price of C$0.48 and a 200-day moving average price of C$0.58. The company has a market cap of C$93.02 million, a price-to-earnings ratio of -28.44 and a beta of 1.97. The company has a quick ratio of 5.35, a current ratio of 6.17 and a debt-to-equity ratio of 48.28.

Insider Buying and Selling at Parkit Enterprise

In related news, insider Parkit Enterprise Inc. bought 499,500 shares of the business’s stock in a transaction on Friday, February 7th. The shares were purchased at an average cost of C$0.53 per share, with a total value of C$264,735.00. Corporate 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.