Parkland (OTCMKTS:PKIUF) Stock Price Up 1.1% – Time to Buy?

Parkland Co. (OTCMKTS:PKIUF) rose 1.1% during trading on Monday . The company traded as high as $28.15 and last traded at $28.08. Approximately 3,346 shares changed hands during mid-day trading, a decline of 95% from the average daily volume of 72,661 shares. The stock had previously closed at $27.77.

Wall Street Analyst Weigh In

Separately, TD Securities lowered Parkland from a “buy” rating to a “sell” rating in a research report on Tuesday, May 6th.

Parkland Price Performance

The business has a 50-day simple moving average of $24.83 and a 200 day simple moving average of $24.45.

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.