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Parkit Enterprise (CVE:PKT) Stock Price Up 3.8% - Still a Buy?

Parkit Enterprise logo with Real Estate background

Parkit Enterprise Inc. (CVE:PKT - Get Free Report)'s stock price rose 3.8% on Thursday . The company traded as high as C$0.55 and last traded at C$0.55. Approximately 2,500 shares changed hands during trading, a decline of 94% from the average daily volume of 45,446 shares. The stock had previously closed at C$0.53.

Parkit Enterprise Price Performance

The firm's fifty day moving average price is C$0.59 and its 200-day moving average price is C$0.61. The company has a quick ratio of 5.35, a current ratio of 2.95 and a debt-to-equity ratio of 116.60. The stock has a market cap of C$120.65 million, a P/E ratio of -27.00 and a beta of 1.97.

Parkit Enterprise Company Profile

(Get Free Report)

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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