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

Parkit Enterprise Inc. (CVE:PKT) Director Bradley Roy Dunkley bought 100,000 shares of Parkit Enterprise stock in a transaction that occurred on Tuesday, November 14th. The shares were acquired at an average price of C$0.46 per share, with a total value of C$46,000.00.

Parkit Enterprise Price Performance

CVE:PKT opened at C$0.55 on Monday. Parkit Enterprise Inc. has a 52 week low of C$0.40 and a 52 week high of C$1.25. The firm has a market cap of C$125.46 million, a price-to-earnings ratio of -55.00 and a beta of 1.80. The firm’s 50-day simple moving average is C$0.54 and its 200 day simple moving average is C$0.71. The company has a debt-to-equity ratio of 106.73, a quick ratio of 5.35 and a current ratio of 2.79.

Wall Street Analyst Weigh In

Several brokerages recently commented on PKT. Raymond James reduced their target price on shares of Parkit Enterprise from C$0.95 to C$0.70 in a report on Wednesday, October 25th. Canaccord Genuity Group cut their target price on shares of Parkit Enterprise from C$0.76 to C$0.70 in a research note on Monday, November 13th.

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.