Parkland (OTCMKTS:PKIUF) Trading Down 0.3% – What’s Next?

Parkland Co. (OTCMKTS:PKIUF) dropped 0.3% during mid-day trading on Wednesday . The company traded as low as $28.03 and last traded at $28.03. Approximately 1,892 shares were traded during trading, a decline of 97% from the average daily volume of 54,907 shares. The stock had previously closed at $28.11.

Analyst Upgrades and Downgrades

PKIUF has been the subject of a number of research analyst reports. Scotiabank downgraded shares of Parkland to a “sector perform” rating in a report on Wednesday, June 25th. TD Securities downgraded shares of Parkland from a “buy” rating to a “sell” rating in a report on Tuesday, May 6th. Finally, BMO Capital Markets downgraded shares of Parkland from an “outperform” rating to a “market perform” rating in a report on Monday, June 2nd.

Parkland Price Performance

The business’s 50-day moving average is $28.09 and its 200 day moving average is $25.70.

Parkland Company Profile

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.