Parkit Enterprise (CVE:PKT) Shares Up 4.1%

Parkit Enterprise Inc. (CVE:PKT) shares traded up 4.1% during trading on Monday . The stock traded as high as C$0.51 and last traded at C$0.51. 500 shares traded hands during mid-day trading, a decline of 99% from the average session volume of 52,883 shares. The stock had previously closed at C$0.49.

Wall Street Analysts Forecast Growth

Separately, Raymond James lowered their target price on shares of Parkit Enterprise from C$0.85 to C$0.75 and set an “outperform” rating on the stock in a research note on Wednesday, April 24th.

Parkit Enterprise Price Performance

The business’s 50 day moving average price is C$0.58 and its two-hundred day moving average price is C$0.62. The stock has a market cap of C$112.12 million, a P/E ratio of -49.50 and a beta of 2.05. The company has a current ratio of 4.22, a quick ratio of 5.35 and a debt-to-equity ratio of 112.98.

Parkit Enterprise Company Profile

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.