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Parkit Enterprise (CVE:PKT) Trading 4.9% Higher - Here's What Happened

Parkit Enterprise logo with Real Estate background
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Parkit Enterprise Inc. (CVE:PKT - Get Free Report) shares rose 4.9% during mid-day trading on Tuesday . The stock traded as high as C$0.43 and last traded at C$0.43. Approximately 4,029 shares changed hands during trading, a decline of 95% from the average daily volume of 77,364 shares. The stock had previously closed at C$0.41.

Parkit Enterprise Stock Down 8.2 %

The company has a current ratio of 6.17, a quick ratio of 5.35 and a debt-to-equity ratio of 48.28. The firm's fifty day moving average is C$0.47 and its 200 day moving average is C$0.58. The stock has a market cap of C$85.36 million, a P/E ratio of -26.10 and a beta of 1.97.

Insiders Place Their Bets

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

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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