Parkland (OTCMKTS:PKIUF) Trading Up 0.9% – Still a Buy?

Shares of Parkland Co. (OTCMKTS:PKIUF) shot up 0.9% during mid-day trading on Wednesday . The company traded as high as $28.5663 and last traded at $28.5663. 14,122 shares were traded during trading, a decline of 60% from the average session volume of 35,158 shares. The stock had previously closed at $28.3125.

Wall Street Analyst Weigh In

Separately, Scotiabank reissued a “sector perform” rating on shares of Parkland in a report on Thursday, August 7th. Two equities research analysts have rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Reduce”.

Parkland Trading Up 0.9%

The firm’s 50 day simple moving average is $28.22 and its 200-day simple moving average is $28.11.

About Parkland

Parkland Corporation operates food and convenience stores in Canada, the United States, and internationally. The company's Canada segment owns, supplies, and supports a coast-to-coast network of retail gas stations, electronic vehicle charging stations, frozen food retail locations, convenience stores, cardlock sites, bulk fuel, propane, heating oil, lubricants, and other related services to commercial, industrial, and residential customers; transports and distributes fuel through ships, rail, and highway carriers; and stores fuel in terminals and other owned and leased facilities, as well as engages in the low-carbon activities.