Parkit Enterprise Inc. (CVE:PKT) Director Bradley Roy Dunkley Purchases 100,000 Shares

Parkit Enterprise Inc. (CVE:PKT) Director Bradley Roy Dunkley acquired 100,000 shares of Parkit Enterprise stock in a transaction dated Tuesday, November 14th. The stock was purchased at an average cost of C$0.46 per share, for a total transaction of C$46,000.00.

Parkit Enterprise Stock Up 3.8 %

Shares of CVE PKT opened at C$0.55 on Monday. The firm has a market cap of C$125.46 million, a PE ratio of -55.00 and a beta of 1.80. Parkit Enterprise Inc. has a 12-month low of C$0.40 and a 12-month high of C$1.25. The company’s fifty day simple moving average is C$0.54 and its 200 day simple moving average is C$0.71. The company has a quick ratio of 5.35, a current ratio of 2.79 and a debt-to-equity ratio of 106.73.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on the stock. Canaccord Genuity Group reduced their price objective on shares of Parkit Enterprise from C$0.76 to C$0.70 in a research note on Monday, November 13th. Raymond James reduced their price objective on shares of Parkit Enterprise from C$0.95 to C$0.70 in a research note on Wednesday, October 25th.

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.