Yorkton Equity Group (CVE:YEG) Shares Down 15% – Time to Sell?

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

Wall Street Analysts Forecast Growth

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

Yorkton Equity Group Price Performance

The company has a 50 day simple moving average of C$0.20 and a 200-day simple moving average of C$0.20. The stock has a market cap of C$19.16 million, a price-to-earnings ratio of 4.25 and a beta of 1.19. The company has a quick ratio of 0.84, a current ratio of 0.37 and a debt-to-equity ratio of 384.03.

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.