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Parkit Enterprise (CVE:PKT) Sets New 52-Week Low - What's Next?

Parkit Enterprise logo with Real Estate background

Parkit Enterprise Inc. (CVE:PKT - Get Free Report) reached a new 52-week low during mid-day trading on Friday . The stock traded as low as C$0.46 and last traded at C$0.46, with a volume of 76040 shares traded. The stock had previously closed at C$0.51.

Parkit Enterprise Stock Performance

The firm's fifty day moving average price is C$0.57 and its 200-day moving average price is C$0.61. The company has a market cap of C$98.49 million, a P/E ratio of -30.12 and a beta of 1.97. The company has a current ratio of 6.17, a quick ratio of 5.35 and a debt-to-equity ratio of 48.28.

About Parkit Enterprise

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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.

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