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

Shares of Yorkton Equity Group Inc. (CVE:YEG) fell 15% during mid-day 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 trading, an increase of 820% from the average session volume of 12,837 shares. The stock had previously closed at C$0.20.

Analysts Set New Price Targets

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

Yorkton Equity Group Stock Performance

The firm’s 50 day moving average price is C$0.20 and its 200-day moving average price is C$0.20. The company has a debt-to-equity ratio of 384.03, a quick ratio of 0.84 and a current ratio of 0.37. The firm has a market capitalization of C$19.16 million, a PE ratio of 4.25 and a beta of 1.19.

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.