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

Yorkton Equity Group Inc. (CVE:YEG) traded down 15% during trading on Saturday . The company traded as low as C$0.12 and last traded at C$0.17. 118,092 shares were traded during 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 target on shares of Yorkton Equity Group and gave the company a “buy” rating in a research report on Tuesday, June 24th.

Yorkton Equity Group Price Performance

The company has a quick ratio of 0.84, a current ratio of 0.37 and a debt-to-equity ratio of 384.03. The business’s 50-day simple moving average is C$0.20 and its 200 day simple moving average is C$0.20. The firm has a market capitalization 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.