Parkit Enterprise (CVE:PKT) Stock Price Up 6.8% – Still a Buy?

Parkit Enterprise Inc. (CVE:PKTGet Free Report) shares were up 6.8% during trading on Monday . The stock traded as high as C$0.63 and last traded at C$0.63. Approximately 177,500 shares traded hands during trading, an increase of 7% from the average daily volume of 165,550 shares. The stock had previously closed at C$0.59.

Parkit Enterprise Stock Up 6.8%

The company has a debt-to-equity ratio of 48.28, a quick ratio of 5.35 and a current ratio of 6.17. The company has a fifty day simple moving average of C$0.56 and a two-hundred day simple moving average of C$0.58. The firm has a market capitalization of C$135.88 million, a PE ratio of 7.88 and a beta of 1.90.

Parkit Enterprise Company Profile

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Parkit Enterprise is an industrial real estate platform focused on the acquisition, growth and management of strategically located industrial properties across key urban markets in Canada. The firm has parking assets across various markets in the United States of America. The firm seeks to invest in the United States. Parkit Enterprise Inc was incorporated in 2006 and is headquartered in Vancouver, Canada, with an additional office in Ottawa, Canada.

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