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

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 price objective on shares of Yorkton Equity Group and gave the company a “buy” rating in a research note on Tuesday, June 24th.

Yorkton Equity Group Trading Down 15.0%

The stock has a market capitalization of C$19.16 million, a P/E ratio of 4.25 and a beta of 1.19. 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 current ratio of 0.37 and a quick ratio of 0.84.

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.