Yorkton Equity Group (CVE:YEG) Stock Price Down 13.6% – Time to Sell?

Shares of Yorkton Equity Group Inc. (CVE:YEG) fell 13.6% during mid-day trading on Friday . The company traded as low as C$0.18 and last traded at C$0.19. 102,350 shares were traded during mid-day trading, an increase of 842% from the average session volume of 10,861 shares. The stock had previously closed at C$0.22.

Analyst Upgrades and Downgrades

Separately, Fundamental Research set a C$0.34 target price on shares of Yorkton Equity Group and gave the company a “buy” rating in a research report on Tuesday.

Yorkton Equity Group Stock Performance

The company has a debt-to-equity ratio of 384.03, a quick ratio of 0.84 and a current ratio of 0.37. The company has a market capitalization of C$21.41 million, a P/E ratio of 4.75 and a beta of 1.19. The firm has a 50 day moving average price of C$0.20 and a two-hundred day moving average price of C$0.20.

Yorkton Equity Group Company Profile

Yorkton Equity Group Inc operates as a real estate investment company in Canada. It owns a portfolio of multi-family residential rental properties comprising residential units and commercial unit in Alberta and British Columbia. The company is based in Edmonton, Canada.