Parkit Enterprise (CVE:PKT) Hits New 1-Year Low - Here's What Happened

Parkit Enterprise Inc. (CVE:PKT - Get Free Report)'s share price reached a new 52-week low during trading on Friday . The stock traded as low as C$0.39 and last traded at C$0.39, with a volume of 130200 shares. The stock had previously closed at C$0.43.

Parkit Enterprise Trading Up 1.3 %

The company has a fifty day moving average of C$0.46 and a two-hundred day moving average of C$0.57. The company has a quick ratio of 5.35, a current ratio of 6.17 and a debt-to-equity ratio of 48.28. The stock has a market capitalization of C$85.36 million, a price-to-earnings ratio of -26.10 and a beta of 1.97.

Insider Transactions at Parkit Enterprise

In other Parkit Enterprise news, insider Parkit Enterprise Inc. purchased 499,500 shares of Parkit Enterprise stock in a transaction dated Friday, February 7th. The stock was acquired at an average cost of C$0.53 per share, with a total value of C$264,735.00. Company insiders own 39.47% of the company's stock.

About Parkit Enterprise

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.