Yorkton Equity Group (CVE:YEG) Shares Down 15% – Here’s What Happened

Shares of Yorkton Equity Group Inc. (CVE:YEG) were down 15% during trading on Saturday . The company traded as low as C$0.12 and last traded at C$0.17. Approximately 118,092 shares traded hands during trading, an increase of 820% from the average daily volume of 12,837 shares. The stock had previously closed at C$0.20.

Wall Street Analyst Weigh In

Separately, Fundamental Research set a C$0.37 price target on shares of Yorkton Equity Group and gave the company a “buy” rating in a research note on Tuesday, June 24th.

Yorkton Equity Group Stock Down 15.0%

The stock’s fifty day moving average is C$0.20 and its two-hundred day moving average is C$0.20. The company has a current ratio of 0.37, a quick ratio of 0.84 and a debt-to-equity ratio of 384.03. The firm has a market cap of C$19.16 million, a P/E ratio of 4.25 and a beta of 1.19.

About Yorkton Equity Group

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.